Q: “Maji” voluntarily closed their Hyperliquid ETH long position and withdrew funds yesterday. What impact does this have on the market?
A: The bias is bearish. If you’re looking to buy the dip, wait for selling pressure to ease first. A valid breakout needs volume to confirm it; breakouts without volume will most likely fall back into the range.
$ETH is currently trading at 2129.71.
A: The bias is bearish. If you’re looking to buy the dip, wait for selling pressure to ease first. A valid breakout needs volume to confirm it; breakouts without volume will most likely fall back into the range.
$ETH is currently trading at 2129.71.
