#EthereumTurns10
#ETHCorporateReserves
#PortalLatino
!!Ethereum is on fire! 🔥 Buying opportunity? 🚀
👽✌🏻 Analyzing the liquidation heat map and recent volatility. 🧐
Attention, trading community! 📣 Ethereum has given us an interesting opportunity, but it's crucial to understand what's happening. 🤔
🔖Recently, we saw a strong movement in the market. 📉 On July 31, there were $100.57 million in long liquidations 🔴, indicating that many traders with leveraged buy positions were forcibly closed due to the price drop. 💥
Analysis of Recent Volatility
🔖However, the volatility didn't stop there. 🌪️ Today, August 1, long liquidations skyrocketed to $201.13 million 🤯. This spike shows us that the market is in a moment of high tension and that the price is at a key point. 🔑
🔖Additionally, the Binance chart shows a 3.67% drop in the price of Ethereum in the last 24 hours, reinforcing the idea of the high volatility we are experiencing. 📈
What does this mean for us? 🧐
🔖The sharp drop and high volume of long liquidations we saw in the last two days may be a sign that the market is at a turning point. 📈 For some, this could be the time to consider a long position 🟢, as the price may have hit a temporary bottom. 🧘
But remember, trading is risky! ⚠️ It's essential to do your own research 📚 and not make impulsive decisions. 🙅♂️
Don't forget: Claim your rewards in Ethereum in the quiz! 🎁💰
#ETHCorporateReserves
#PortalLatino
!!Ethereum is on fire! 🔥 Buying opportunity? 🚀
👽✌🏻 Analyzing the liquidation heat map and recent volatility. 🧐
Attention, trading community! 📣 Ethereum has given us an interesting opportunity, but it's crucial to understand what's happening. 🤔
🔖Recently, we saw a strong movement in the market. 📉 On July 31, there were $100.57 million in long liquidations 🔴, indicating that many traders with leveraged buy positions were forcibly closed due to the price drop. 💥
Analysis of Recent Volatility
🔖However, the volatility didn't stop there. 🌪️ Today, August 1, long liquidations skyrocketed to $201.13 million 🤯. This spike shows us that the market is in a moment of high tension and that the price is at a key point. 🔑
🔖Additionally, the Binance chart shows a 3.67% drop in the price of Ethereum in the last 24 hours, reinforcing the idea of the high volatility we are experiencing. 📈
What does this mean for us? 🧐
🔖The sharp drop and high volume of long liquidations we saw in the last two days may be a sign that the market is at a turning point. 📈 For some, this could be the time to consider a long position 🟢, as the price may have hit a temporary bottom. 🧘
But remember, trading is risky! ⚠️ It's essential to do your own research 📚 and not make impulsive decisions. 🙅♂️
Don't forget: Claim your rewards in Ethereum in the quiz! 🎁💰
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,383.95
-4.76%