If ETH falls below $2,279, cumulative long liquidation intensity on major CEXs will reach $801 million.
Honestly, people will interpret the impact differently, and I’m not rushing to draw conclusions.
The news is out; let’s see how the market reacts in a bit.
There’s market action every day—no rush.
$ETH took a quick look while I was at it. If it were you, would you wait or jump in right away?