Let the chart do the talking | A whale closes an ETH long at a loss of about $10.49 million, then goes long on SOL
It’s more worth getting involved when the news and candlestick trends align. When they point in opposite directions, be extra cautious. Watch to see whether funding rates become one-sided.
On the face of it, the news is somewhat bearish. How big the actual impact will be remains to be seen—let the money flow answer.
$ETH .
This could be wrong too, so don’t take it as advice.
It’s more worth getting involved when the news and candlestick trends align. When they point in opposite directions, be extra cautious. Watch to see whether funding rates become one-sided.
On the face of it, the news is somewhat bearish. How big the actual impact will be remains to be seen—let the money flow answer.
$ETH .
This could be wrong too, so don’t take it as advice.