$ETH Ethereum update:

* Price: $3,212

* Long/Short Ratio: 1:5 (slightly bearish)

* Signals: 2 buy, 10 sell

* 52% traders are short, 48% long

* Net shorts at lowest point, hinting price increase soon

* Local top near due to rapid long position closing.

Overall, Ethereum leans slightly bearish short-term but hints bullish medium-term. Want me to explain further?

Ethereum's current price is around $3,212.¹ The ETH net shorts position is at its lowest historical point, suggesting a potential price increase.² However, the ETH long to short ratio indicates a slightly bearish sentiment in the short term, with 2 buy and 10 sell signals. Long positions are being reopened by traders, but a local top might be near as longs rapidly closed positions recently. What would you like to know about Ethereum next?