🐋 $ETH hit a new 24-hour high, with strong conviction from buyers.
Current price: 2508.21, above the previous high of 2501.96; 24-hour trading volume: $247 million.
Short sellers’ stop-loss orders tend to cluster near new highs, so holding above this level could trigger a short squeeze. However, be wary of a pullback after the spike.
This view could be wrong at any time. Manage your own risk and profits/losses.
Current price: 2508.21, above the previous high of 2501.96; 24-hour trading volume: $247 million.
Short sellers’ stop-loss orders tend to cluster near new highs, so holding above this level could trigger a short squeeze. However, be wary of a pullback after the spike.
This view could be wrong at any time. Manage your own risk and profits/losses.