$810 billion has gone up in smoke, and Twitter is already holding a collective funeral for the crypto market.
But right now, the long-short ratio has dropped to 0.8, the fear index is flat on the floor, yet open interest is being held tight—just like when the big players lure shorts in before slamming the door. Everyone thinks it’s heading to zero, but often they won’t even get a chance to cash out. #CryptoCrash $BTC
But right now, the long-short ratio has dropped to 0.8, the fear index is flat on the floor, yet open interest is being held tight—just like when the big players lure shorts in before slamming the door. Everyone thinks it’s heading to zero, but often they won’t even get a chance to cash out. #CryptoCrash $BTC