Not that we are at the bottom yet, but whales are beginning to accumulate. I believe there will be more downside over the next few weeks. but when this is up 32% already today, somebody sees this as a buying opportunity.
notice the pattern, 2 large buying days plus 40 days from the first large purchase date, has signaled a local ETH bottom.
Following that pattern 10/26/2022 could be the bottom for ETH.
Good Luck
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ETHLONGS are buying, watch for more purchasing as ETH declines to bottom over the next few days
I agree with you in the general sense of the idea, but I think you still need to read the news on the asset. By the way, do you somehow take the news into consideration when writing an idea?
peterbhc
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@Solldy, At times, but news can be bias and can affect emotional trading. Bots are programmed to trade regardless of news.