A few figures: $ETH large traders’ long/short position ratio: 1.68; 24h price change: -6.9%.
Prices are falling, yet longs still outnumber shorts. Many traders are buying the dip or holding onto their long positions, so beware of another downward move triggered by long-position stop-losses.
The pace of change in the data tells you far more than the figures themselves. Do you have any related positions?
This article is for informational purposes only and does not constitute investment advice.
Prices are falling, yet longs still outnumber shorts. Many traders are buying the dip or holding onto their long positions, so beware of another downward move triggered by long-position stop-losses.
The pace of change in the data tells you far more than the figures themselves. Do you have any related positions?
This article is for informational purposes only and does not constitute investment advice.