Markets 📈

Start with the catalyst, then check whether spot buyers, ETF flows, liquidations, macro news, or thin liquidity actually carried the move. Sometimes several are true; sometimes the headline arrived after price had already moved.

They show demand through a regulated fund wrapper, which is useful evidence. They are still only one input: liquidity, hedging, expectations, and selling elsewhere can change how price reacts.

Leveraged positions can be forced closed when price moves against them. Those liquidations create more buying or selling, which can accelerate the original move in either direction.

No. Market cap is circulating supply multiplied by the latest price. It is a useful comparison tool, but it does not mean that amount of cash entered the asset.