📊 A set of data: $ETH whale position long/short ratio is 1.68, with the price down 1.47% over 24h.
The price is falling, but longs still outnumber shorts. Many traders are buying the dip or holding onto their long positions, so watch out for long stop-losses triggering a further drop.
Don't rely on just one indicator to judge the market—it's more reliable to look at several. What do you think? Share your thoughts in the comments.
The price is falling, but longs still outnumber shorts. Many traders are buying the dip or holding onto their long positions, so watch out for long stop-losses triggering a further drop.
Don't rely on just one indicator to judge the market—it's more reliable to look at several. What do you think? Share your thoughts in the comments.