Got in on the recent capitulation/potential reversal. (0.0325).
Watching the break up from this ascending triangle, will hold for weeks-months in that case as a trend reversal in crypto markets will be in play.
Another rejection from ~0.0350, would hint to me to close out in the near-term.
Also note the ETHUSDLONGS on bfx are at ATH -- which might put a damper on the upward price action. Who knows, maybe the margin long is institutional and has some $100s M to pump it.
Watching the break up from this ascending triangle, will hold for weeks-months in that case as a trend reversal in crypto markets will be in play.
Another rejection from ~0.0350, would hint to me to close out in the near-term.
Also note the ETHUSDLONGS on bfx are at ATH -- which might put a damper on the upward price action. Who knows, maybe the margin long is institutional and has some $100s M to pump it.