🚨Shocking Collapse!
Investors in Ethereum funds from BlackRock and Fidelity are facing unrealized losses of up to 21% according to Glassnode data! 😱💥
📉 What's happening?
🔹 The market is under significant downward pressure.
🔹 Many entered during the media hype for the funds, before the harsh correction!
🔹 The overall sentiment has changed.. caution is increasing even among the big players!
🤔 What could happen?
🔻 Continued losses = higher likelihood of selling and pulling funds!
🟢 But! Some people might see it as a golden opportunity to buy at a discounted price, especially if the strong fundamentals of Ethereum remain unchanged!
🔥 Do you expect a strong rebound? Or a deeper drop?
💬 Share your opinion in the comments!
❤️ Don't forget to like if you found the content useful
🔔 And follow me for more cryptocurrency news as it happens!
$ETH
$BTC
#CEXvsDEX101 #TradingTypes101 #FTXRefunds #BTC_Ragheb #BTCRagheb
Investors in Ethereum funds from BlackRock and Fidelity are facing unrealized losses of up to 21% according to Glassnode data! 😱💥
📉 What's happening?
🔹 The market is under significant downward pressure.
🔹 Many entered during the media hype for the funds, before the harsh correction!
🔹 The overall sentiment has changed.. caution is increasing even among the big players!
🤔 What could happen?
🔻 Continued losses = higher likelihood of selling and pulling funds!
🟢 But! Some people might see it as a golden opportunity to buy at a discounted price, especially if the strong fundamentals of Ethereum remain unchanged!
🔥 Do you expect a strong rebound? Or a deeper drop?
💬 Share your opinion in the comments!
❤️ Don't forget to like if you found the content useful
🔔 And follow me for more cryptocurrency news as it happens!
$ETH
$BTC
#CEXvsDEX101 #TradingTypes101 #FTXRefunds #BTC_Ragheb #BTCRagheb