$ETH at 2,538, +1.6% in 24 hours but -6.4% for the week.
The rise came from ~ $48M in short liquidations, with ETFs seeing outflows.
The low hit 2,503: the 2,500 floor held, but without ETFs in the green, it’s a short-covering bounce, not demand.
What do you look at first, liquidations or ETFs? ⛵
#ETH #Ethereum
The rise came from ~ $48M in short liquidations, with ETFs seeing outflows.
The low hit 2,503: the 2,500 floor held, but without ETFs in the green, it’s a short-covering bounce, not demand.
What do you look at first, liquidations or ETFs? ⛵
#ETH #Ethereum