If I recall correctly, yesterday's Ethereum long-short ratio was 52:48.

It only takes one night of sideways trading, and the long-short ratio will be unified.

So it's not just the drop that causes longs to liquidate; sideways trading after a surge can also lead many to close long positions, and even cause bulls to turn into bears. As the price rises, the bulls-to-bears conversion will become increasingly more common.

So don't be afraid of the upswing just because the long-short ratio is high.

Think about how Ethereum has fallen in the last six months. It's been uprooted, how many times it's been punctured, what a desperate atmosphere in the market.

At the end of June, Ethereum will reach 5k. By the end of September, Ethereum's target will still be 8k. Brothers, hold firm. Why come to the crypto world if you don't even trust the second-largest crypto brother? $ETH