After a massive and extended sale, ETH reached near record lows on RSI that continued for several hours and RSI did hold up during those hours showing it found its buyers at the 2900s.
With large level of liquidations of longs and many shorts still trapped above as well as RSI rebounding, ETH opens up to a rally to mid 3600s from here. There we reassess where next
With large level of liquidations of longs and many shorts still trapped above as well as RSI rebounding, ETH opens up to a rally to mid 3600s from here. There we reassess where next
Trade closed manually
very weak relief rally and got sold into, heavily. it looks like there is a massive rotation out of spot ETH happening. No proper pump is allowed to happen, while dumps are double. Looks like ETH is already underperforming SOL and BTC majorly in 2025. It is at a dangerous place of becoming the myspace/netscape of crypto
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.