ETH Liquidation Wave: Where Should Ethereum Go in the Midst of Conflict
Macro Headwinds: Middle East Situation Takes Dramatic Turn Escalation of Conflict: Iran Launches Missile Attack on Israel, Trump Issues 48-Hour Ultimatum.
Risk-Off Sentiment: This level of geopolitical risk has caused risk assets to face a bloodbath, with ETH unable to escape unscathed. Liquidation Data: Over the past 1 hour, the entire network saw $233 million in long liquidations, with ETH accounting for $80.75 million.
Interpretation: This is a "targeted explosion" of high-leverage longs, with the market in an extremely panic-driven, irrational sell-off phase.
Trump really changes his face faster than anyone else. Just a couple of days ago he was considering gradually de-escalating military action against Iran, now they're fighting again, and even more fiercely at that. The US president's credibility score has been completely ruined by this one guy in just a few years. Disgusting. $BTC $ETH #加密行情震荡
ETH Liquidation Wave: Where Should Ethereum Go in the Midst of Conflict
Macro Headwinds: Middle East Situation Takes Dramatic Turn
Escalation of Conflict: Iran Launches Missile Attack on Israel, Trump Issues 48-Hour Ultimatum.
Risk-Off Sentiment: This level of geopolitical risk has caused risk assets to face a bloodbath, with ETH unable to escape unscathed.
Liquidation Data: Over the past 1 hour, the entire network saw $233 million in long liquidations, with ETH accounting for $80.75 million.
Interpretation: This is a "targeted explosion" of high-leverage longs, with the market in an extremely panic-driven, irrational sell-off phase.
Trump really changes his face faster than anyone else. Just a couple of days ago he was considering gradually de-escalating military action against Iran, now they're fighting again, and even more fiercely at that. The US president's credibility score has been completely ruined by this one guy in just a few years. Disgusting.
$BTC $ETH #加密行情震荡