Q: ETH has heavier selling pressure in the near term. On Binance perpetuals, sell orders total $45.8303 million, $8.5241 million more than buy orders. What impact could this have on the market?
A: The impact is limited. But if similar news keeps coming one after another, it’s worth taking a closer look. It’s only worth getting involved when the news flow and price action point in the same direction; when they diverge, be a little more cautious.
$ETH latest: 2401.64, down 0.91% on the day.
For personal records only; not a recommendation to take any action.
A: The impact is limited. But if similar news keeps coming one after another, it’s worth taking a closer look. It’s only worth getting involved when the news flow and price action point in the same direction; when they diverge, be a little more cautious.
$ETH latest: 2401.64, down 0.91% on the day.
For personal records only; not a recommendation to take any action.