An address linked to the Ethereum Foundation and an ancient whale sold off 16,700 ETH. Options expiry on Black Friday triggered a waterfall-like market crash, with heavy volume on the daily downtrend. But now that prices have fallen near a very strong support level, they’re starting to wick down and stabilize.
I just said this was an excellent risk-reward level to buy the dip and go long—blindly chasing shorts is just providing fuel.
It’s already up 2% now, and it will probably keep climbing until this evening. After the U.S. stock market opens, look for another suitable opportunity to swing trade for a steadier approach. #ETH
I just said this was an excellent risk-reward level to buy the dip and go long—blindly chasing shorts is just providing fuel.
It’s already up 2% now, and it will probably keep climbing until this evening. After the U.S. stock market opens, look for another suitable opportunity to swing trade for a steadier approach. #ETH