$ETH đ $ETH/USDT Trading Alert for Binance Community đ
Ethereum is currently facing a sharp decline of -3.83%, trading around $2,544.21. A detailed look at margin data reveals some key concerns:
đ» 24h Margin Debt has dropped by -10.75%, indicating a significant deleveraging â traders are closing positions, likely out of fear or stop-loss triggers.
đ» The Margin Long-Short Ratio has fallen dramatically, signaling declining bullish conviction over the past 24 hours.
đ Meanwhile, the 30-day chart shows that while margin debt and positioning once favored bullish momentum (peaking on May 29), that confidence is waning.
đ Advice: This is not the time to FOMO. Instead, trade cautiously. Let the current flush-out play out. If youâre in profits, consider securing gains. If youâre sidelined, wait for a clear reversal confirmation or deeper support before entering. ETH is showing signs of weakness â capitalize with patience, not panic.
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