A wallet linked to the Ethereum Foundation has sold another 1,000 ETH.
Here are the bull and bear cases:
Bullish case: The bad news is out, which means uncertainty is decreasing.
Bearish case: Sentiment has been affected, so short-term investors may be more cautious.
My take: Both sides have their logic; what really matters is how price and volume around $ETH shape the choice.
$ETH is currently at 2054.52, down 3.46% over 24 hours, with a 24-hour range of 2006–2132.07.
I get it wrong plenty myself, so don’t take this as advice.
Here are the bull and bear cases:
Bullish case: The bad news is out, which means uncertainty is decreasing.
Bearish case: Sentiment has been affected, so short-term investors may be more cautious.
My take: Both sides have their logic; what really matters is how price and volume around $ETH shape the choice.
$ETH is currently at 2054.52, down 3.46% over 24 hours, with a 24-hour range of 2006–2132.07.
I get it wrong plenty myself, so don’t take this as advice.
