๐ Ethereumโs Price Movement and Market Recovery๐
Ethereum has dropped from 3400 to2125, and during this dip, many traders opened long positions using limit orders. For the price to move upwards, these traders need to close their positions. Thatโs why the market is pulling back at the moment โ itโs pushing to close those long positions before a potential recovery.
What do you think? Is this the correct analysis or just overthinking? Drop your opinion in the comments! Letโs discuss
