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Speculation
Re: reverse market how to tell
by
coinbiz
on
06/01/2021, 04:13:07 UTC
I think we just hit a double top at $34.4k. Reversal incoming. Also volume has fallen significantly. So it will take less sell pressure to make the price fall.
https://i.imgur.com/zlQG8qC.jpg
Look at the volume drop on Ethereum as well. 42% drop in 24hrs is significant IMO.
https://i.imgur.com/bZ6xTPp.jpg