I can see some 50M USD in LONGs liquidations being reported at Coinglass for Ethereum in the past 24 hours... My friends, the bearish wave (correction) is not over.
Ethereum can easily hit $1500/$1750, or even lower. Some calculations put the bottom at $1200 or even $800.
It might not go that low but I'll tell you what, it is way too early go LONG.
Wait patiently, the market will give clear signals when the bottom is in. We will see massive green all across, within hours after the bottom hits.
Right now everything is red and this is not the end.
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