๐Ÿณ Capital Flows Note:
โ€œThe probability of the Fed raising rates by 50 basis points in December is 11.5%โ€
After this news came out, Iโ€™d ask three questions about capital flows:
1. Which way are aggressive buyers and sellers leaning?
2. Has trading volume for $BTC ($1.216 billion in 24h) increased noticeably?
3. Have any large holders made unusual transfers to exchanges?
Only when all three point in the same direction can we say the market has validated this news with capital; otherwise, itโ€™s mostly just sentiment-driven volatility.
The same news can trigger very different reactions depending on where it lands.