#OnChainInsights or so or so...
What can we say about on-chain analysis...?
It's the analysis of data from the cryptocurrency market as a whole. Is it useful for anything??? Well, it does serve a purpose, but...
Some people are kind of blind to this. "Now the price HAS to go up because the volume is this, the graph is that, the market sentiment is that..." then Trump comes along, talks some shit and Boom(!!!!), the market plummets.
On-chain analysis must be linked to macroeconomic analysis and, my friends, do you know the book "The Dark Swan" by Nassim Taleb???
Try to understand the dark swan logic and understand that any analysis is just a basis for decision-making, but there's no point in trying to predict anything.
OR ARE YOU GOING TO TELL ME THAT SOMEONE PREDICTED THAT ONE OF THE BIGGEST FOREX IN THE WORLD WOULD BE HACKED?