Q: The largest ETH long institution has added to its position to average down, bringing its total size to $382 million—what impact will this have on the market?
A: It’s somewhat bullish, but don’t focus only on the news; price and volume ultimately determine the direction. $ETH Current price: 2458.46. Don’t rush to conclusions before it holds above the key level.
A: It’s somewhat bullish, but don’t focus only on the news; price and volume ultimately determine the direction. $ETH Current price: 2458.46. Don’t rush to conclusions before it holds above the key level.