$Coinbase Global, Inc.(COIN)$

Bitcoin has broken through a new high of $110,000, but please don't FOMO! When evaluating Bitcoin's performance at this level, trading volume is more important than the new high itself. A new high with expanding volume indicates a rally driven by incremental demand, which is more sustainable. Conversely, a new high without increased volume may merely result from reduced supply, making the subsequent trend unpredictable. Currently, the volume hasn't met the benchmark yet, so it's better to wait and see. I have no trading plans either.

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LEESIMON
05-26
LEESIMON
🩷Good

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When evaluating Bitcoin's performance at this level, trading volume is more important than the new high itself. A new high with expanding volume indicates a rally driven by incremental demand, which is more sustainable. Conversely, a new high without increased volume may merely result from reduced supply, making the subsequent trend unpredictable. Currently, the volume hasn't met the benchmark yet, so it's better to wait and see. I have no trading plans either.<img src=\"https://community-static.tradeup.com/news/f47708a432da71fa47140f856c584ffb\" tg-width=\"259\" tg-height=\"194\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> <v-v data-views=\"1\"></v-v>Bitcoin has broken through a new high of $110,000, but please don't FOMO! When evaluating Bitcoin's performance at this level, trading volume is more important than the new high itself. A new high with expanding volume indicates a rally driven by incremental demand, which is more sustainable. Conversely, a new high without increased volume may merely result from reduced supply, making the subsequent trend unpredictable. Currently, the volume hasn't met the benchmark yet, so it's better to wait and see. I have no trading plans either.<img src=\"https://community-static.tradeup.com/news/f47708a432da71fa47140f856c584ffb\" tg-width=\"259\" tg-height=\"194\"></body></html>","text":"$Coinbase Global, Inc.(COIN)$ Bitcoin has broken through a new high of $110,000, but please don't FOMO! When evaluating Bitcoin's performance at this level, trading volume is more important than the new high itself. A new high with expanding volume indicates a rally driven by incremental demand, which is more sustainable. Conversely, a new high without increased volume may merely result from reduced supply, making the subsequent trend unpredictable. Currently, the volume hasn't met the benchmark yet, so it's better to wait and see. 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