Q: A $99.8 million position—Machi’s 39,000 ETH long is nearing liquidation. What impact could this have on the market?
A: It’s somewhat bearish, but sentiment is often amplified. Price and volume are what really determine the direction. $ETH Current price: 2,566.79. There’s no need to draw conclusions until it holds above a key level.
#币安推出BinanceIntelligence #ETH
Be aware of the risks. Do your own research; this is not investment advice.
A: It’s somewhat bearish, but sentiment is often amplified. Price and volume are what really determine the direction. $ETH Current price: 2,566.79. There’s no need to draw conclusions until it holds above a key level.
#币安推出BinanceIntelligence #ETH
Be aware of the risks. Do your own research; this is not investment advice.