Follow the money, not the news.
“Bro” Ethereum long positions were only about $20 away from liquidation; after positions were force-liquidated, it dropped to $54 million
When bad news comes out, people often panic first, while smart money usually picks up slowly at lower levels. Check whether there’s substantial bid support during a sharp drop.
$ETH 24h Trading volume $841 million, 24h -3.37%. See the comment section for those with opinions.
#ETH
For personal views only, not investment advice.
“Bro” Ethereum long positions were only about $20 away from liquidation; after positions were force-liquidated, it dropped to $54 million
When bad news comes out, people often panic first, while smart money usually picks up slowly at lower levels. Check whether there’s substantial bid support during a sharp drop.
$ETH 24h Trading volume $841 million, 24h -3.37%. See the comment section for those with opinions.
#ETH
For personal views only, not investment advice.