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Crypto Insights Ethereum Quote 1600
Current price 1550, watch 1575! Range 1545-1615
Bullish! Stop profit at 1575 with 75% gain
Macro — collectively bearish on sovereign clearing cycle, has slowed down
Micro — retail investors are mostly long, main force large investors are panicking, which means no volume in positions, and volume is more easily controlled by market makers and dog whales!
The core is that the long-short ratio has changed from 3.5 to 2.2, revealing a pattern!
Bullish! $ETH $BTC
Review,
Heavy positions should cut losses if it falls below 1524, better to do so!
Mid and light positions should look for a break below 1500 to short, only then is there a chance; therefore, it’s better to short at high levels like above 1600.