The Wall of Worry
There is a special chart layout we're watching daily. It shows the behaviour of different groups of ETH holders, from retail to whales. And it seems that all these groups, all sorts of ETH holders, lost their patience. They don't believe in ETH from current levels. It's called 'A wall of worry'. Those who knows the meaning react accordingly. Betting against the crowd.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from Santrends!
Get 'early bird' alerts for new insights from this author
Conversations (2)
Could you explain what those line actually represent compared to whale line
Author
0.01...10 BTC - Retail holders
10...1000 BTC - Smaller whales
1,000...10,000 - Whales and exchanges