❗️ CME bears are massively shorting Ethereum
CFTC CME futures data shows a sharp increase in shorts with $ETH – the net aggregate position on leveraged contracts has collapsed to historic lows.
📉 What does this mean?
🔹 Institutions expect a decline in the price of Ethereum.
🔹 Increased volatility in the market is possible.
🔹 Liquidations of shorts may lead to a sharp rebound.
📊 Be cautious with longs – the market is heating up!