From a structural perspective | “Machi’s” unrealized loss on Ethereum long positions has narrowed to $640,000; seven-day losses stand at $7.2 million
Short-term moves follow sentiment, while the bigger picture follows the trend. This news mainly affects the shorter time frame. What really matters is whether large traders are buying or selling.
It’s not uncommon for prices to stop falling once the negative news is fully priced in, so there’s no need to rush to a conclusion.
$ETH latest: 2494.88, up 0.15% on the day.
#ETH
Just a few notes—not investment advice.
Short-term moves follow sentiment, while the bigger picture follows the trend. This news mainly affects the shorter time frame. What really matters is whether large traders are buying or selling.
It’s not uncommon for prices to stop falling once the negative news is fully priced in, so there’s no need to rush to a conclusion.
$ETH latest: 2494.88, up 0.15% on the day.
#ETH
Just a few notes—not investment advice.