The market soap opera has a new episode: $ETH The platform-wide account long/short ratio is 3.42 (long 77.4% / short 22.6%).
There are plenty of bulls around, so I’m watching from the sidelines.
A long-heavy ratio doesn’t mean the price will rise, just as a short-heavy ratio doesn’t mean it’ll drop right away. It’s more like a thermometer for how crowded the market is.
#ETH
There are plenty of bulls around, so I’m watching from the sidelines.
A long-heavy ratio doesn’t mean the price will rise, just as a short-heavy ratio doesn’t mean it’ll drop right away. It’s more like a thermometer for how crowded the market is.
#ETH
