First, the data: $ETH (24h -1.11%)
Then, the news: Swell: Reports of suspicious activity involving the swETH and rswETH contracts have emerged; an investigation is underway.
When bad news hits, everyone wants to run. The real bottom usually comes where few people are willing to buy. My habit when analyzing the data: look at price movements separately one hour and 24 hours after the news.
Then, the news: Swell: Reports of suspicious activity involving the swETH and rswETH contracts have emerged; an investigation is underway.
When bad news hits, everyone wants to run. The real bottom usually comes where few people are willing to buy. My habit when analyzing the data: look at price movements separately one hour and 24 hours after the news.