Looking at the data: the large-holder long/short ratio for $ETH is 1.91, and the 24h price change is -0.46%.
Prices are falling, yet longs still outnumber shorts. Many are buying the dip or holding onto losing long positions, so beware of long stop-losses triggering a further drop.
When most people crowd onto the same side, moves in the opposite direction often hit harder. Follow me so you don't miss unusual market moves.
#ETH
Prices are falling, yet longs still outnumber shorts. Many are buying the dip or holding onto losing long positions, so beware of long stop-losses triggering a further drop.
When most people crowd onto the same side, moves in the opposite direction often hit harder. Follow me so you don't miss unusual market moves.
#ETH