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Ethereum (ETH) Bears Get Too Excited At The Wrong Time

Ethereum (ETH) Bears Get Too Excited At The Wrong Time

Ethereum (ETH) bears get too excited all of a sudden as ETHUSDShorts jumps more than 7% a day. This was a consequence of ETHUSDShorts closing above the 50 day moving average yesterday. The number of margined shorts against ETH/USD is now expected to continue to rise towards the 200 day moving average.




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