$ETH Down 3.81% intraday. News just broke: a certain whale closed a $100 million long position, making a $17.78 million profit, then opened a short position of 20,000 ETH.
When developments are somewhat negative, I usually hold off on making big moves and wait for sentiment to settle. Price and volume moving in sync is what makes a signal meaningful; relying on the news alone can easily lead you astray.
How did you respond the last time you encountered something like this?
When developments are somewhat negative, I usually hold off on making big moves and wait for sentiment to settle. Price and volume moving in sync is what makes a signal meaningful; relying on the news alone can easily lead you astray.
How did you respond the last time you encountered something like this?