ETH had a massive push to the upside leaving many longs in amazing profits. Leaving behind way to much liquidity the market is happy to just have sitting there. As always the market is ready to come back qnd take the gains you 'thought' you had made!
Massive green vector candles are full of retail traders getting in on the buzz of the upward momentum. The market makers won't allow there buzz to last for ever.
With obvious stop loss points to be hit and euphoric feelings to shayter the market will soon be on its way back down.
Massive green vector candles are full of retail traders getting in on the buzz of the upward momentum. The market makers won't allow there buzz to last for ever.
With obvious stop loss points to be hit and euphoric feelings to shayter the market will soon be on its way back down.