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Did $ETH Ethereum just pull off a massive fakeout or is this a genuine recovery?
I’ve been checking 1000930585 and the price action is pretty interesting. We fell hard from that 2382.53 peak and finally caught a bounce at 2256.27.
Right now we are sitting at 2279.30 and the volume is decent at 597M USDT. If you look at the order book, the buyers are stepping in big time at over 87% while sellers are only at 12%.
It looks like people are scooping up the dip here. If it can hold this 2275 area we might see a push back toward 2305 soon.
I'm keeping an eye on whether this momentum can actually sustain through the next few candles.
#GateSquareMayTradingShare #TrumpVisitsChinaMay13