Amberdata exec says, 'I no longer look at price anymore' — here's what she watches instead
Amberdata exec says, 'I no longer look at price anymore' — here's what she watches instead originally appeared on TheStreet.
Amberdata co-founder and chief operating officer Tongtong Gong says, 'I no longer look at price anymore.'
Bitcoin's role as digital gold, she contends, is already cemented, and relying on spot prices or futures alone strips away the broader picture that truly guides market direction.
Gong argues that investors need to move beyond candlesticks and pull together a web of interconnected metrics. She begins with on-chain activity, where raw transaction volumes and protocol adoption rates reveal whether real demand is growing. Miners' operations follow closely behind, offering a live read on network security and the tempo of new coin issuance.
Leverage in DeFi lending and borrowing protocols, Gong says, provides a window into market-wide risk appetite and liquidity demand. Equally important is tracking order-book depth across centralized exchanges to learn how easily large orders might sway prices.
Finally, she highlights stablecoin flows against the U.S. dollar: 'When a peg shows stress, it can foreshadow broader volatility.' Taken together, these signals create a round-the-clock, 24/7 snapshot of the crypto economy that price alone can't deliver.
Retail-focused analyst Wendy O takes a contrasting tack, zeroing in on the crowd itself. She watches spikes in views and mentions on social platforms beyond X, noting that wider chatter often precedes sharp altcoin moves.
'I read all of my comments to gauge what's going on,' she says, blending that real-time feedback with chart patterns, news trends and seasoned intuition to build her outlook.
The duo's perspectives reinforce a simple truth: today's digital-asset markets run on more than price swings. 'Digital assets are created on chain. They have value because of the crypto economy that's behind it,' Gong notes. WendyO adds that retail participants bring both liquidity and user insight for the utilities that crypto builders are rolling out.
With on-chain, exchange, and social data streaming nonstop — Gong's institutional lens combined with Wendy O's retail pulse delivers a powerful, complementary toolkit for navigating digital-asset markets.
Amberdata exec says, 'I no longer look at price anymore' — here's what she watches instead first appeared on TheStreet on Jun 3, 2025
This story was originally reported by TheStreet on Jun 3, 2025, where it first appeared.
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