Alike pfp
Alike

@alike

ETH’s 12% weekly drop below $4000 triggers long-term holder selling. These holders, once steadfast, unwind positions as key support fails, increasing supply. This sparks panic selling among short-term traders, amplifying price declines. The chain reaction weakens demand, pushing ETH lower until selling pressure exhausts, often marked by declining transaction volumes.
0 reply
0 recast
0 reaction