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58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming? Coinpedia 10 Sep 2024

58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming? 📈

In the current market reversal, Ethereum (ETH) is showing signs of a significant rally with bullish traders in control.

According to CoinGlass, 58.15% of top Ethereum traders are holding long positions, while 41.85% are holding short positions.

This bullish sentiment indicates a possible price rally for Ethereum in the near future.

Source: coinpedia.org ↗

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