🐋 $ETH set a new 24-hour low, and the sell-off is not over yet.
Current price 2506.86, breaking below the previous low of 2510.11, with a 24h trading volume of 652 million USD.
Below the previous low, there is often a large cluster of long stop losses; once broken, it can easily trigger a chain of liquidations. Watch for whether any large funds are absorbing at lower levels.
Current price 2506.86, breaking below the previous low of 2510.11, with a 24h trading volume of 652 million USD.
Below the previous low, there is often a large cluster of long stop losses; once broken, it can easily trigger a chain of liquidations. Watch for whether any large funds are absorbing at lower levels.