“Maji Big Brother has given back nearly all of his $12.3 million profit on his ETH long position, with just $290,000 left in his account.”
Here are clear answers to the three questions asked most often in the comments—
Q1: Is this bullish or bearish?
A: Mostly bearish, but sentiment is often amplified.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a lag between news and price action. First, watch whether trading volume picks up.
Q3: What should we watch next?
A: How the market moved the last time something similar happened.
Q4: Should I adjust my position because of this?
A: I wouldn’t change my plan because of a single news item unless the market confirms it with price action. $ETH is currently trading at 2458.23, down 3.28% over 24 hours. First, watch the market’s reaction.
#ETH
Here are clear answers to the three questions asked most often in the comments—
Q1: Is this bullish or bearish?
A: Mostly bearish, but sentiment is often amplified.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a lag between news and price action. First, watch whether trading volume picks up.
Q3: What should we watch next?
A: How the market moved the last time something similar happened.
Q4: Should I adjust my position because of this?
A: I wouldn’t change my plan because of a single news item unless the market confirms it with price action. $ETH is currently trading at 2458.23, down 3.28% over 24 hours. First, watch the market’s reaction.
#ETH