❗ There are now more longs than shorts in the market ➡ And here's what that means.

[ArturRem]

If Bitcoin falls to ~$57,953, the volume of forced longs will exceed $5.18 billion.

• If Ethereum falls to ~$1,703, the volume of forced longs will exceed $2.85 billion.

A sharp drop now could cause a stronger chain reaction than a similarly strong rise.