A different take: “Maji” is back in the red on his ETH long, with a liquidation price of $2,227.31.
People are focused on the bearish news. What I care more about is whether some of the selling pressure has already been released. It’s not uncommon for prices to stop falling after bad news comes out.
$ETH 24h: -2.58%. Sentiment rises and fades quickly; what matters more is whether it lasts.