One thing I noticed today: if ETH breaks above $2,613, the cumulative short liquidation exposure on major CEXs will reach $773 million.
It’s not uncommon for prices to stop falling once the bearish news has been fully priced in, so there’s no need to rush to conclusions. I’ll jot down this kind of news and take another look in a few weeks—it can be quite insightful.
$ETH I’ll wait and see.

#ETH

For my personal records; not specific trading advice.