@yamadaidaidai
Bad news: ETH's recent surge cleared most of the short liquidity above its previous all-time high, leaving the rally with little fuel in the short term.
Good news: Shorts, far from being scared, accumulated new liquidity above $5,000 overnight... meaning fuel is piling up at $5,000+...
Thus, a sustained rally over the weekend will be difficult, but the probability of hitting $5,000 next week is increasing!
0 reply
0 recast
0 reaction