Ethereum after a small accumulation and liquidity gathering below $1,730 level went up. Now ETH has renewed local highs at $2040, at each peak we see an increase in volumes - not a good signal for long positions.
If the price reaches a new local high at $2278 and the volumes are also high at that time, it could mean that liquidity to sell is collected and there is a high probability that the price could go down!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade