$FHE: Prices are falling, but I’ve started to become wary of people chasing shorts.
Just now I glanced at the data, and something caught my attention.
Prices have been dropping, but the large holders’ long/short positioning ratio is still 1.34.
That means the batch of traders with the heaviest positions is still in the long direction.
They haven’t exited.
There are two possibilities here.
First:
The big players misjudged it, and next they may be forced to cut losses, with the price accelerating downward further.
Second:
The big players know something we don’t. They’re waiting for a specific level.
After all retail traders have stopped out and exited, then they push the price upward.
If it’s the second scenario, then people chasing shorts right now could actually become the fuel.
So I’m only watching the level at 0.0202.
Break below it, and if OI keeps rising → that suggests new shorts are entering, and you can start paying attention to short opportunities.
Hold that level, and when buy-side demand returns → the big players’ logic may be correct, and chasing shorts could be risky.
Now I’m not guessing the direction.
Let the market tell me the answer first.
Click the small card below to quickly check the market trend 👇
Just now I glanced at the data, and something caught my attention.
Prices have been dropping, but the large holders’ long/short positioning ratio is still 1.34.
That means the batch of traders with the heaviest positions is still in the long direction.
They haven’t exited.
There are two possibilities here.
First:
The big players misjudged it, and next they may be forced to cut losses, with the price accelerating downward further.
Second:
The big players know something we don’t. They’re waiting for a specific level.
After all retail traders have stopped out and exited, then they push the price upward.
If it’s the second scenario, then people chasing shorts right now could actually become the fuel.
So I’m only watching the level at 0.0202.
Break below it, and if OI keeps rising → that suggests new shorts are entering, and you can start paying attention to short opportunities.
Hold that level, and when buy-side demand returns → the big players’ logic may be correct, and chasing shorts could be risky.
Now I’m not guessing the direction.
Let the market tell me the answer first.
Click the small card below to quickly check the market trend 👇