From a structural perspective | The Drift Protocol attacker has once again transferred 24,900 ETH to Tornado Cash
I’ll use the high before the news broke as the reference level: holding above it is relatively strong; falling below it is relatively weak. We’ll also need to see whether any news pointing in the opposite direction comes out later to offset it.
The news looks negative on the surface, but to see whether it was already priced in, we need to compare it with the price action beforehand.
$ETH latest: 2452.23, intraday range: 2381.49–2478.
#ETH
I’ll use the high before the news broke as the reference level: holding above it is relatively strong; falling below it is relatively weak. We’ll also need to see whether any news pointing in the opposite direction comes out later to offset it.
The news looks negative on the surface, but to see whether it was already priced in, we need to compare it with the price action beforehand.
$ETH latest: 2452.23, intraday range: 2381.49–2478.
#ETH