Trump Speech Triggers $1B ETH Liquidation, Binance Supply Hits 2024 Low
Ethereum briefly reached a high of $2,160 on April 1st, but the increase didn’t last a full day. This wasn’t a sign of weakness, though; trading volume was healthy, the RSI indicator had bounced back, and the price charts were starting to show a potential upward trend for the first time in weeks. This gave traders, who had been hesitant after five weeks of price drops caused by the war, a promising opportunity. However, that opportunity vanished quickly, not due to market forces, but because of a shift in focus from the president.


