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Ether retail longs metric hits 94%, but optimism could be a classic bull trap

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 27 Views

Retail Ether longs surged above 90%, but analysts warn of a potential reversal as technicals flash caution even as institutions keep buying the dip.

Key takeaways:

Retail traders hold 94% long positions on Ether, often a contrarian indicator.

ETH funding on Binance remains healthy, with leverage moderate and not euphoric.

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