Trading data on the exchange can provide important hints about the future price movement of the asset. Let's consider key indicators for $ETH and how to interpret them.
🔹 Cash flow over the last 15 minutes
• The red part of the chart shows that most funds are exiting ETH (sales dominate).
• The green part indicates capital inflow (buying).
• Conclusion: If the majority of the circle is red – selling pressure is high, which may signal a price decrease. Conversely, dominance of green is a positive signal.
🔹 Margin lending (debt increase)
• If the indicator rises sharply, it means that traders are borrowing more funds for trading.
• A zero value, like now, indicates stability – no new large positions are being opened.
🔹 Long to short ratio
• The indicator of 12.03 means that for every 12 longs, there is 1 short. This indicates a dominance of bullish sentiment.
• But it's important: if there are too many longs, liquidations may begin if the price drops.
🔹 Open interest (2.71B USDT)
• This is the total amount of open futures positions.
• An increase indicates that the market is becoming more active, while a decrease means that traders are exiting positions.
How to apply this data?
1️⃣ If you are looking for an entry point, pay attention to cash flow – buying activity can signal an entry.
2️⃣ If you plan to short, it's worth analyzing the long to short ratio – if there are too many longs, a reversal may be possible.
3️⃣ If you open positions with leverage, watch the open interest – low activity may indicate low volatility.
📌 Conclusion: This data helps to understand what is happening in the ETH market in the short term. However, it should be used in conjunction with charts, support/resistance levels, and other indicators for a more accurate forecast.