$ETH Today the buying pressure is strong again (about 7% per day).
I'm holding a short position with ×10 leverage.
The nearest support level after breaking out of the ascending wedge on the 10-second timeframe is $1944. 15M -->> $1942(sl: $1966). 1H -->> $1936-$1912. 4H -->> $1896-$1869.
The price is heading towards a double bottom, so it might be pumped for a few more days...
I think Vitalik Buterin didn't sell those 6,000 ETH just for nothing a day before the dump started. He had an insider tip. I believe that during this rebound, after the flash crash with $2.5 billion in liquidations, he sold again, but I haven't seen such news in the media. Let me know if anyone has seen something similar.
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$ETH Today the buying pressure is strong again (about 7% per day).
I'm holding a short position with ×10 leverage.
The nearest support level after breaking out of the ascending wedge on the 10-second timeframe is $1944.
15M -->> $1942(sl: $1966).
1H -->> $1936-$1912.
4H -->> $1896-$1869.
The price is heading towards a double bottom, so it might be pumped for a few more days...
I think Vitalik Buterin didn't sell those 6,000 ETH just for nothing a day before the dump started.
He had an insider tip.
I believe that during this rebound, after the flash crash with $2.5 billion in liquidations, he sold again, but I haven't seen such news in the media. Let me know if anyone has seen something similar.
The target for the dump could be around $1666.