$ETH 24h +0.51%, there’s a new development in the news: Analysis: Papertrade did not use Hyperliquid’s official oracle pricing mechanism; a trader manipulated the market and made $1.28 million.
With this bearish news, I’ll pay closer attention to whether buyers step in at the previous low. I’ll use the low before the news broke as the dividing line: holding above it is a bullish sign; falling below it is bearish.

#ETH

For reference only. Trade at your own risk.