#IsraelIranConflict Data on the chain indicates that many traders expect this decline to continue, as reflected in the long/short ratio of the coin. At the time of writing, this ratio is 0.86, indicating that many traders are betting against the altcoin.

ETH Long/Short Ratio.

This ratio compares the number of long and short positions in the market. When the long/short ratio of an asset is above 1, there are more long positions than short positions, indicating that traders are primarily betting that the price will increase.