A BIT-linked address went long on ETH with 20x leverage, with a position worth over $60 million.
I think that sometimes, by the time good news comes out, the coin price has already moved.
A single piece of news can't have an impact for long; you also need to watch what happens over the following period.
Don't just look at price movements—volume matters too.
$ETH Am I understanding this right? What do you all think?
#ETH
I think that sometimes, by the time good news comes out, the coin price has already moved.
A single piece of news can't have an impact for long; you also need to watch what happens over the following period.
Don't just look at price movements—volume matters too.
$ETH Am I understanding this right? What do you all think?
#ETH