$BTC vs $ETH : Smart Money positioning has shifted dramatically!
BTC longs have dropped from $2.92B to $1.59B. Their +$100M profit has turned into an $11.8M loss.
ETH tells a similar story. Longs now hold $950M, with -$39M unrealized losses, while shorts are up +$32.6M.
Despite the sell-off, fresh 30-minute buying exceeds selling on both.
My outlook: Longs have taken a serious hit, but buyers are starting to fight back.
#DailyOrbit
BTC longs have dropped from $2.92B to $1.59B. Their +$100M profit has turned into an $11.8M loss.
ETH tells a similar story. Longs now hold $950M, with -$39M unrealized losses, while shorts are up +$32.6M.
Despite the sell-off, fresh 30-minute buying exceeds selling on both.
My outlook: Longs have taken a serious hit, but buyers are starting to fight back.
#DailyOrbit