Technical trader’s perspective | $187 million liquidated across the market in the past 4 hours, including $174 million in long positions
I’ll use the low before the news came out as the dividing line: holding above it is bullish; breaking below it is bearish. I’m going to compare the moves made by whale addresses before and after the news.
Bad news isn’t that scary. What’s scary is holding a large position through it and betting that it won’t gain momentum.
$ETH latest: 2431.24, 24h: -3.6%, intraday range: 2429.21 ~ 2530.44.
I’ll use the low before the news came out as the dividing line: holding above it is bullish; breaking below it is bearish. I’m going to compare the moves made by whale addresses before and after the news.
Bad news isn’t that scary. What’s scary is holding a large position through it and betting that it won’t gain momentum.
$ETH latest: 2431.24, 24h: -3.6%, intraday range: 2429.21 ~ 2530.44.