Main Player: I'm about to pump it!

Retail Investor: I don't believe you! You're trying to trick me into getting on board again.

Main Player: This time I'm really going to pump it, are you getting on board?

Retail Investor: No!

Main Player: If I pump it to 30%, are you getting on board?

Retail Investor: No, it’s definitely a trap! What are you going to use to pump it with no liquidity?

Main Player: Then I'll pump it to 50%, are you getting on board?

Retail Investor: Are you serious? Let me see some more!

Main Player: I'll pump it to 100%, you mean you won't be tempted?

Retail Investor: Wow, are you really going to pump it? But there’s no reason for it!

Main Player: I'll continue to pump it to 200%!

Retail Investor: I don't care anymore, I’ll just join a bit, missing out will feel awful!

Main Player: Continue pumping to 300%

Retail Investor: I'm such an idiot, if I had joined earlier I would have made back my investment!

Main Player: Not enough yet, continue pumping to 400%

Retail Investor: Wow, this is too intense, I can't take it anymore, I'm all in!

Main Player: Let’s go down!!!

So don’t just keep staring at that heat map looking at the long-short ratio, it has some reference value but don’t take it too seriously. In cases of severe long-short imbalance, there is definitely an expectation of a pullback, but when the pullback happens you need to understand market expectations! Otherwise, your “perspective” is too small!

If you really need a reason, it’s: the market's FOMO sentiment is still not enough! $ETH