Okay… this one finally gave us some breathing room😮💨
$ETH short played almost perfectly, and I’m booking profit here instead of forcing more out of the move.
But I still don’t think the downside is fully done tonight.
There’s more late-long liquidity building lower, and if selling pressure continues, $2,400 can still come into play.
I’ve also already opened and shared my $BTC short, so now I’m watching that closely too. If BTC starts rolling over properly, ETH can easily get another leg down with it.
For now, ETH gave us what we wanted.
Profit booked here. $BTC short still running. And I’m still watching one more round lower.
$ETH short played almost perfectly, and I’m booking profit here instead of forcing more out of the move.
But I still don’t think the downside is fully done tonight.
There’s more late-long liquidity building lower, and if selling pressure continues, $2,400 can still come into play.
I’ve also already opened and shared my $BTC short, so now I’m watching that closely too. If BTC starts rolling over properly, ETH can easily get another leg down with it.
For now, ETH gave us what we wanted.
Profit booked here. $BTC short still running. And I’m still watching one more round lower.