It seems like people is opening more shorts (red line) with respect to (green line).
This keeps pressure for the bulls and the price is not showing bounce signals.
Keep also in mind that the total shorts opened are still less than total long opened.
We suggest to keep short and longs in consideration before making any trade on ethereum, as the price is very volatile due the low volumes.
This keeps pressure for the bulls and the price is not showing bounce signals.
Keep also in mind that the total shorts opened are still less than total long opened.
We suggest to keep short and longs in consideration before making any trade on ethereum, as the price is very volatile due the low volumes.