$ETH falls below the 2,500 level.
Let’s use this data point to talk about key price levels.
Even among round-number thresholds, the rounder the number, the more people tend to watch it. Major milestones like 10,000 or 100,000, for example, attract more attention than ordinary round numbers.
When a price returns to a level after many days, it often encounters buyers from that area looking to break even and exit, or add to their positions. Trading activity tends to pick up as a result.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than increase it.
#EthereumBreaksAbove$2500
These views are for discussion only. You assume all risks.
Let’s use this data point to talk about key price levels.
Even among round-number thresholds, the rounder the number, the more people tend to watch it. Major milestones like 10,000 or 100,000, for example, attract more attention than ordinary round numbers.
When a price returns to a level after many days, it often encounters buyers from that area looking to break even and exit, or add to their positions. Trading activity tends to pick up as a result.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than increase it.
#EthereumBreaksAbove$2500
These views are for discussion only. You assume all risks.