Alex Dovbnya
This veteran trader is not impressed by Ethereum’s most recent rally
In a recent Twitter thread, Peter Brandt threw cold water on Ethereum’s most recent rally, claiming that it is “questionable.”
The veteran trader noted that the most recent upturn came on “extremely light volume.” This suggests that the Saturday rally was likely a flash in the pan. Otherwise, the uptick would have been based on aggressive buying from strong hands, according to Brandt.
As…
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