A certain address made $692,000 in five days by closing a 25x leveraged short position on ETH.
It’s safer to wait and see how the price behaves when it retests a key level than to chase the move as soon as the news breaks.
It’s a boost to sentiment, but trading volume will show how much of an impact it actually has.
$ETH , latest: 2242.76. Would this make you adjust your plans?