#siren SIREN's price just tanked over 27%! The contract data is already pointing in one direction.
The total value of positions is dropping alongside the price, indicating that the bulls are getting wrecked.
The whale long/short ratio is spiking, with short accounts surging as the big players collectively go short.
The bearish trend is now established, and the downward momentum hasn't fully played out yet.
In the short term, it's highly likely we’ll continue to see a downtrend, and bottom-fishing is extremely risky.
I’ll share specific indicators in the Planet Lab later.
Follow me to ride the money signals; don’t go against the trend! $SIREN
The total value of positions is dropping alongside the price, indicating that the bulls are getting wrecked.
The whale long/short ratio is spiking, with short accounts surging as the big players collectively go short.
The bearish trend is now established, and the downward momentum hasn't fully played out yet.
In the short term, it's highly likely we’ll continue to see a downtrend, and bottom-fishing is extremely risky.
I’ll share specific indicators in the Planet Lab later.
Follow me to ride the money signals; don’t go against the trend! $SIREN