Another Loser wrote:
The price of ether (ETH) fell to 19-month lows just over $80 today and is now down 94% from its January peak.
Ether’s dollar-denominated exchange rate (ETH/USD) slipped to $81.30 at 02:15 UTC.
Notably, ETH/USD short positions on cryptocurrency exchange Bitfinex rose to a record high above 340,000 soon before press time – up 183 percent in the last three weeks. Meanwhile, long positions have dropped to the lowest since Sept. 12, as seen in the chart above.
"Such extreme positioning is usually a sign of oversold conditions and presages market bottoms."
Indeed. Hope you bought at the dip...
3 Ethereum $9,923,287,058 $95.72 +11.92%