#ETH 4H
STUBBORNLY DEFENDING $2300
This morning’s long/short liquidation move wasn’t enough to sweep $ETH down to the major liquidation level at $2290. The current price is around $2360.
Main scenario: if they’ve threatened to kill them off and started doing it, they have to finish the job before the market can move on, right?
So I still think $ETH has to be dragged down to wipe out all the longs around $2290 first.
Fear & Greed needs to drop to at least 30 and spread across the whole market before things can move up again.
If that happens, everyone will get a better entry point for ALTCOINS.
#
STUBBORNLY DEFENDING $2300
This morning’s long/short liquidation move wasn’t enough to sweep $ETH down to the major liquidation level at $2290. The current price is around $2360.
Main scenario: if they’ve threatened to kill them off and started doing it, they have to finish the job before the market can move on, right?
So I still think $ETH has to be dragged down to wipe out all the longs around $2290 first.
Fear & Greed needs to drop to at least 30 and spread across the whole market before things can move up again.
If that happens, everyone will get a better entry point for ALTCOINS.
#