#MarketRebound If I remember correctly, yesterday the ratio of long and short positions in Ethereum was 52:48
It only takes a night of sideways movement, and the ratio of long and short positions will unify
So it's not just the drop that causes those who are long to liquidate; sideways movement after a rise can also lead many to close long positions, and even turn bulls into bears, and as the price rises, the conversion of bulls to bears will increase
So don't be afraid of rises just because the ratio of long and short positions is high
Think about how Ethereum has fallen in the last six months, it has been pulled up by the roots, how many times it has been pricked, what a desperate atmosphere in the square
At the end of June Ethereum at 5k, by the end of September the target for Ethereum remains 8k, brothers, hold on, why come to the crypto world if you don't even trust the second brother of crypto?