$ETH , there’s a new development in the news: a whale trading through Galaxy Digital’s OTC desk has sold off 52,000 ETH over the past two and a half months.
In the face of bearish news, I’m more concerned with whether buyers will step in at the previous low. A decisive break needs volume to back it up; a breakout on low volume will usually fall back into the range.
Have your recent trades been more aggressive or defensive?
In the face of bearish news, I’m more concerned with whether buyers will step in at the previous low. A decisive break needs volume to back it up; a breakout on low volume will usually fall back into the range.
Have your recent trades been more aggressive or defensive?