#MyTradingStyle $ETH directly took profit at 2500, still maintaining the idea of playing in a range. Opened a bit of long position around 2500 for ETH. Let's see the rebound situation today.
The selling pressure above ETH remains strong, with the largest liquidation price estimated at 2570. Today, it is likely to be pushed up to around 2550. However, for traders now, going long clearly feels weak, with no capital willing to buy, and the overnight rebound can at most be considered a dead cat bounce.