💥Ethereum shows strong performance, and when the price hits 2800, the long-short ratio on exchanges hits a new low for 2023. The funding rates are heavily negative, but the price continues to rise, indicating that a large number of retail investors are shorting, which in turn fuels the upward movement.
🚀As the price rises, the Ethereum inventory on exchanges increases; Bitcoin has reached 112000, but there are no signs of it being transferred to exchanges for sale.
🐂Subsequently, Ethereum may outperform Bitcoin, but the safest bet remains Bitcoin. Don't get carried away, hold onto your Bitcoin. $BTC
