$ETH (24h -0.042%). There’s a new development in the news: ETH breaking above $2,613 could trigger $773 million in short liquidations.
Bearish news can hit suddenly, and the market’s initial reaction is often an overreaction. Staying calm matters more than anything. It’s worth trading only when the news and the chart are pointing in the same direction; when they conflict, exercise extra caution.
Do you usually trade based on news like this?
Stay calm and manage your position size.
Bearish news can hit suddenly, and the market’s initial reaction is often an overreaction. Staying calm matters more than anything. It’s worth trading only when the news and the chart are pointing in the same direction; when they conflict, exercise extra caution.
Do you usually trade based on news like this?
Stay calm and manage your position size.