Follow the money: $ETH full-network long/short ratio 3.42, 24h -3.61%, 24h trading volume $1.05B.
When looking at the long/short ratio, pair it with trading volume: if the ratio changes a lot but volume doesn’t expand, it’s usually just existing liquidity shifting around; if both the ratio and volume expand, that indicates fresh funds are backing one side.

#ETH

Personal observations only, not investment advice—be mindful of risk.