The long positions are overcrowded too, which is also a risk

Pay attention to the long/short ratios of a few coins. Overcrowded longs themselves are a risk.

$ONE long/short ratio is 142.6%; longs are under pressure. If support is breached, downside risk increases. $AKE long/short ratio is 318.7%; profitable longs dominate, and profit-taking could trigger a pullback at any time. $USELESS long/short ratio is 236.8%; Meme volatility is high, and overcrowded longs may become a prime target for liquidation.

On top of that, weak U.S. employment data adds another macro variable to the market. Don’t just look at direction—keep a close watch on support levels and trading volume.

$ONE $AKE $USELESS
#山寨币 #long/short ratio