Let's look at the data first: $XRP overall-market account long/short ratio 2.52, 24h price -3.33%.
The price is falling, but longs still outnumber shorts. Many are buying the dip or holding onto their long positions, so watch for long stop-losses to trigger a further decline.
Sentiment indicators are useful as a reference, but shouldn't be used on their own to make decisions. Keep a close eye on it.
#XRP现货ETF持仓17亿美元周流入放缓 #XRP
NFA, DYOR.
The price is falling, but longs still outnumber shorts. Many are buying the dip or holding onto their long positions, so watch for long stop-losses to trigger a further decline.
Sentiment indicators are useful as a reference, but shouldn't be used on their own to make decisions. Keep a close eye on it.
#XRP现货ETF持仓17亿美元周流入放缓 #XRP
NFA, DYOR.