Both sides are getting trapped, but one side is about to bleed way worse.
Look at the whale action on $XAG
: 52 buyers and 50 sellers are currently sitting in collective losses totaling over $2 Million! Buyers are down $1.45M while sellers are down $561K. The overall long/short ratio dropped to 80.85%, showing massive hesitation.
When $47.89M in total whale volume is caught off-guard like this, a violent liquidation cascade is guaranteed. I'm positioning myself carefully to catch the breakout once the weak hands get wiped out completely.
Look at the whale action on $XAG
: 52 buyers and 50 sellers are currently sitting in collective losses totaling over $2 Million! Buyers are down $1.45M while sellers are down $561K. The overall long/short ratio dropped to 80.85%, showing massive hesitation.
When $47.89M in total whale volume is caught off-guard like this, a violent liquidation cascade is guaranteed. I'm positioning myself carefully to catch the breakout once the weak hands get wiped out completely.