🐋 For those watching the order book:
“The gap in cumulative trading volume across the four major CEXs during the crash suggests the U.S. market may have been the main source of selling.”
After this news came out, I only ask three questions about capital flows:
1. Are aggressive trades skewed toward buying or selling?
2. Can trading volume for $BTC (24h: $2.588 billion) increase significantly?
3. Are there any unusual on-chain inflows to exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just sentiment-driven noise.
Whether bullish or bearish, watch how the market digests it—don’t just read the headline.
#BTC
“The gap in cumulative trading volume across the four major CEXs during the crash suggests the U.S. market may have been the main source of selling.”
After this news came out, I only ask three questions about capital flows:
1. Are aggressive trades skewed toward buying or selling?
2. Can trading volume for $BTC (24h: $2.588 billion) increase significantly?
3. Are there any unusual on-chain inflows to exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just sentiment-driven noise.
Whether bullish or bearish, watch how the market digests it—don’t just read the headline.
#BTC
