Bottom line: The news is just a catalyst; market structure is what matters.
A certain whale has held 52,000 ETH for less than three months and could make $24.48 million in profit by selling at the current price.
$ETH : currently 2508.46, 4h -0.012%, 24h +1.65%.
With bearish news in play, first watch whether the previous low holds. If it breaks, look to the next support level.
A certain whale has held 52,000 ETH for less than three months and could make $24.48 million in profit by selling at the current price.
$ETH : currently 2508.46, 4h -0.012%, 24h +1.65%.
With bearish news in play, first watch whether the previous low holds. If it breaks, look to the next support level.