jamiecassels

ETHBTC Traders WAY Long, No Capitulation in Sight?

BITFINEX:ETHBTCLONGS   ETHBTC Longs
Eventually alts will come back into favor, but it isn't likely anytime soon. Looking at ETHBTCLONGS and LTCBTCLONGS the alt traders are still buying ETHBTC and LTCBTC . I can't see capituatlion happening with this many longs, it's way too crowded. Until further notice, it seems prudent to just play BTC longs and wait for the bagholders to fold. GL

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