Liquidations across the entire market have risen to $869 million over the past 4 hours, while 24-hour liquidations have topped $1 billion. After news like this, I watch capital flows first, then look at prices.
The outlook is bearish, but are people being too pessimistic? It’ll be clearer when we look back in a day or two. Prices ultimately tend to move in the direction of capital flows; the news is just a pretext.
$ETH (24h -7.14%).
The outlook is bearish, but are people being too pessimistic? It’ll be clearer when we look back in a day or two. Prices ultimately tend to move in the direction of capital flows; the news is just a pretext.
$ETH (24h -7.14%).