From an hourly perspective on Ethereum, last night’s push to the highs was clearly an obvious stop-hunt. Last night’s price may have formed another small high, but it’s clearly visible that the MACD indicator’s bullish volume bars kept shrinking. This move was a low-volume rally, so it will definitely retract its move. The result was indeed that after marking a high, the price directly dropped,

𝐑𝐞𝐝𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐄𝐜𝐨𝐧𝐨𝐦𝐲: 𝐌𝐲 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐚𝐭𝐞 𝐒𝐪𝐮𝐚𝐫𝐞 𝐂𝐫𝐞𝐚𝐭𝐨𝐫 𝐂𝐚𝐫𝐧𝐢𝐯𝐚𝐥
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: 𝐖𝐡𝐞𝐫𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐌𝐞𝐞𝐭𝐬 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲
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