$ETH 2242.77｜4h -0.17%｜24h +0.51%
First, let's set the context: the price is between 2208.4 and 2262.49, the 24h range. Now, the news: Data: An address made $692,000 in five days by shorting ETH with 25x leverage, then closed the position.
Good news at highs often leads to a spike followed by a pullback; good news at lows is more likely to trigger a reversal.
Which do you pay more attention to: data or news?
First, let's set the context: the price is between 2208.4 and 2262.49, the 24h range. Now, the news: Data: An address made $692,000 in five days by shorting ETH with 25x leverage, then closed the position.
Good news at highs often leads to a spike followed by a pullback; good news at lows is more likely to trigger a reversal.
Which do you pay more attention to: data or news?