Changes in ETH net longs appear to lead price changes. This is true for BTC as well. ADA net longs appears to lag price changes, however.
eclipse season ends may 16th so zoom zoom no doom doom
This is my analysis on #ETH #Ethereum and why I think we are about to see a mighty dump to close the shorts accumulated since MAY. It might not happen all at once. Keep an eye on the longs.
Looking for a reversal in long-run sentiment here for $ETHUSD. Much more runway for the Ethereum ecosystem.
Is this the pump before next selloff or a signal of something new?
Disclosure: bullish on bitcoin, xrp, ethusd there is a bearish flag in place, but hasn't reached the apex, imho I'm looking for this to breakdown by Mid june, a month after bitcoin halving conclusion. Just chart deserves a short, not the actually Ethusd, bitcoin or any other alts imho. Please do your own due diligence.
Too many new longs trying to make some money back on the bounce. Very easy for the whales to squeeze this and they probably will. BTC doesn't seem to have the same issue at present with longs to shorts at a fairly low rate so could see just an ETH tear down.
Shorts are piling in and ETH isnt budging. Time for short liquidations to 300
Should this play out, ETH could look to retest 223 level or lower.
I don't really trade crypto for a while now just because of it's very hard to tell if it will go up or down in the short term. Since I bought my crypto many years ago I don't really care. But it is still interesting to see what this market does. I am reading many ideas on the TradingView platform. People think to know whats going to happen and their ideas are more...
$ETH shorts fractal says dump tomorrow
$ETH shorts. Next market dump?