$ETH $ETH 📉 $ETH/USDT Trading Alert for Binance Community 📉

Ethereum is currently facing a sharp decline of -3.83%, trading around $2,544.21. A detailed look at margin data reveals some key concerns:

🔻 24h Margin Debt has dropped by -10.75%, indicating a significant deleveraging – traders are closing positions, likely out of fear or stop-loss triggers.

🔻 The Margin Long-Short Ratio has fallen dramatically, signaling declining bullish conviction over the past 24 hours.

📊 Meanwhile, the 30-day chart shows that while margin debt and positioning once favored bullish momentum (peaking on May 29), that confidence is waning.

📌 Advice: This is not the time to FOMO. Instead, trade cautiously. Let the current flush-out play out. If you’re in profits, consider securing gains. If you’re sidelined, wait for a clear reversal confirmation or deeper support before entering. ETH is showing signs of weakness — capitalize with patience, not panic.