$ETH lost 2,000 in 7 seconds of chart. 📉
ETH/USDT hourly closes over 72 hours, with the share of ETHUSDT perp accounts net long ticking alongside. Price went one way. The crowd's positioning went the other.
Today's low, 1,895.95, is the weakest level since 18 August. Nearly 79% of accounts are still net long.
Full breakdown of OI, funding, taker flow, ETF outflows and ETH/BTC in today's article:
https://www.binance.com/en/square/post/387757958321491
Not financial advice.
#Ethereum #ETH #CryptoMarket
ETH/USDT hourly closes over 72 hours, with the share of ETHUSDT perp accounts net long ticking alongside. Price went one way. The crowd's positioning went the other.
Today's low, 1,895.95, is the weakest level since 18 August. Nearly 79% of accounts are still net long.
Full breakdown of OI, funding, taker flow, ETF outflows and ETH/BTC in today's article:
https://www.binance.com/en/square/post/387757958321491
Not financial advice.
#Ethereum #ETH #CryptoMarket