A technical analyst’s perspective | Machi Big Brother reduced his position twice today, with total realized losses of about $1.022 million
Trading volume is the most honest indicator. To tell whether news carries weight, just look at the trades. Pay close attention to the order of price movements and news: whether the price rises before the news comes out or reacts only afterward makes a difference.
The news looks somewhat negative on the surface, but whether it was already priced in needs to be assessed against earlier prices.
$ETH 。
#ETH
Trading volume is the most honest indicator. To tell whether news carries weight, just look at the trades. Pay close attention to the order of price movements and news: whether the price rises before the news comes out or reacts only afterward makes a difference.
The news looks somewhat negative on the surface, but whether it was already priced in needs to be assessed against earlier prices.
$ETH 。
#ETH