Besides price changes, trading volume and open interest are also worth looking at together.
Take this one: A hacker stole around $86,000 from UNCX Network's shared token vesting pool; $ETH 24h is down 5.76%, with trading volume at 1.015 billion.
The bearish news is already out in the open. Now all that's left is to see how the market prices it in.

#ETH