ToshihiroHiramatsu

ToshihiroHiramatsu

Market is still in greed mode judging by a sudden surge in long positions. Japanese exchanges are planning to short the market late hours of Sunday/early hours of Monday. This is according to 2ch top trader (#12 on FTX leaderboard). This may be considered insider info, so this post may get deleted. Cumulative long positions to short positions ratio is now...

ToshihiroHiramatsu

Market is still in greed mode judging by a sudden surge in long positions. Cumulative long positions to short positions ratio is now 8:1, which is ridiculously high. The crypto market will need another sell-off to reset the ratio. HTF Anaylsis confirms breakdown to 1800 level. Good luck.

ToshihiroHiramatsu

As I correctly predicted 2 days ago that ETH will hit 2.6k, the same Japanese trader (rank now #12 on FTX leaderboard) is calling for a drop to 1.8K. If you look at the exchanges total long:short ratio, there are still too many longs compared to shorts, approximately 6:1. This ratio needs to come down to at least 2:1 before the corporations, hedge funds and...

ToshihiroHiramatsu Updated 

There has been a sharp decline in the funding rate for ETHUSDT, as well as a sharp decrease in the long:short ratio (more traders are shorting ETH now). This very much is the same pattern seen in the 2020 March COVID-19 crash. Buying the blood with moderate leverage (3x to 5x) seems like good risk:reward.