๐จ๐๐๐๐๐๐๐๐:$XRP #
๐๐๐ฌ ๐ญ๐ก๐ ๐๐๐๐ ๐๐ ๐ ๐ซ๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ก๐จ๐ซ๐ญ ๐๐๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ โ ๐๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐จ๐ฎ๐ฅ๐ ๐๐ฅ๐จ๐ฐ ๐ฎ๐ฉ ๐ฅ๐
New data shows traders are heavily net ๐๐๐๐๐ on $XRP โ meaning a huge part of the market is literally ๐๐๐ญ๐ญ๐ข๐ง๐ ๐ฆ๐จ๐ง๐๐ฒ ๐ญ๐ก๐๐ญ ๐๐๐ ๐ข๐ฌ ๐ ๐จ๐ข๐ง๐ ๐ญ๐จ ๐๐ซ๐จ๐ฉ.
$15M in shortsโฆ
vs only $0.6M in longs.
Almost nobody is betting up. ๐ณ
When everyone crowds into shorts, the market becomes extremely fragile.
All it takes is a small move upward, like it's already happening โ and those shorts ๐ฌ๐ญ๐๐ซ๐ญ ๐ ๐๐ญ๐ญ๐ข๐ง๐ ๐ฅ๐ข๐ช๐ฎ๐ข๐๐๐ญ๐๐.
That forced buying creates even more upward pressure.
Thatโs how you get a ๐ฌ๐ก๐จ๐ซ๐ญ ๐ฌ๐ช๐ฎ๐๐๐ณ๐. โก๏ธ