Conclusion first: news is only a catalyst; structure is what matters.
A whale holding a 93,000 ETH long position added 5.67 million USDC in margin
$ETH currently at 2366.13, 4h +0.94%, 24h -0.71%.
With bearish news, first watch whether the previous low holds. If it breaks, look to the next support level.
#ETH
A whale holding a 93,000 ETH long position added 5.67 million USDC in margin
$ETH currently at 2366.13, 4h +0.94%, 24h -0.71%.
With bearish news, first watch whether the previous low holds. If it breaks, look to the next support level.
#ETH