Beware! After $AVAX breaks through, the long/short ratio becomes imbalanced, and reversal signals emerge
$AVAX has successfully broken above the previous high, but the long/short ratio has already climbed to 2.258, reaching a new high. Within 24 hours, the gain is 15.2%. Investors should be wary of the possibility of a false breakout. Is the breakout reliable?
Be sure to watch: ① Why did the long/short ratio suddenly rise after the breakout? ② As reversal signals appear, how should you adjust your trading strategy? ③ Is the current long-side capital strong enough? Trade cautiously and do not blindly chase the rally.
Data source: CoinGecko / Binance
#Greed Index
$AVAX has successfully broken above the previous high, but the long/short ratio has already climbed to 2.258, reaching a new high. Within 24 hours, the gain is 15.2%. Investors should be wary of the possibility of a false breakout. Is the breakout reliable?
Be sure to watch: ① Why did the long/short ratio suddenly rise after the breakout? ② As reversal signals appear, how should you adjust your trading strategy? ③ Is the current long-side capital strong enough? Trade cautiously and do not blindly chase the rally.
Data source: CoinGecko / Binance
#Greed Index
