If ETH breaks above $2,538, cumulative short liquidation intensity across major CEXs will reach $611 million. After news like this, I watch large orders first, then the price.
The news looks negative on the surface, but to see whether it’s already been priced in, compare it with previous price action. Institutions usually don’t chase the first wave of news; they prefer to accumulate in stages during pullbacks.
$ETH Current price: 2422.4, 24h: -0.23%.
The news looks negative on the surface, but to see whether it’s already been priced in, compare it with previous price action. Institutions usually don’t chase the first wave of news; they prefer to accumulate in stages during pullbacks.
$ETH Current price: 2422.4, 24h: -0.23%.