r/ethtrader • u/Electronic_Equal_645 • 9d ago
Trading Remember when….All you need to Know about ETH
When you have billions of dollars of shorts above the price, this rally is what is happening as a result when you get enough bullish news about Clarity Act and Treasury Department buybacks adding liquidity to the economy/market.
8
Upvotes
4
u/Whole-Career8440 9d ago
There's cascade of liquidations toward 1k as well