A smart-money trader opened a 20x leveraged long position of 12,000 ETH. After news like this, I first watch for large orders, then look at the price.
The impact of bad news often comes and goes quickly. The key is whether more bad news follows. Institutions usually don't chase the first wave of a news-driven move; they prefer to ease in on a pullback.
$ETH .
#ETH
For reference only. You are responsible for your own gains and losses.
The impact of bad news often comes and goes quickly. The key is whether more bad news follows. Institutions usually don't chase the first wave of a news-driven move; they prefer to ease in on a pullback.
$ETH .
#ETH
For reference only. You are responsible for your own gains and losses.