From a structural perspective | An address is suspected of selling off ETH at a V-shaped bottom, with an estimated loss of around $430,000
I usually look at the four-hour structure first and use news only to explain price movements. It may be worth watching whether discussion in the community picks up or quickly dies down.
It’s not uncommon for prices to stop falling after bad news has been priced in, so there’s no need to jump to conclusions.
$ETH , up 0.73% today, with a 24-hour range of 2329–2430.

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