A quick update: $BTC large traders’ long/short position ratio is 1.53 (long 60.4% / short 39.6%).
More traders are betting on the long side, while I’m watching from the sidelines.
A bullish long/short ratio doesn’t mean prices will rise right away, and a bearish one doesn’t mean they’ll fall—it’s more of a crowding indicator.
Markets carry risk. Trade carefully.
More traders are betting on the long side, while I’m watching from the sidelines.
A bullish long/short ratio doesn’t mean prices will rise right away, and a bearish one doesn’t mean they’ll fall—it’s more of a crowding indicator.
Markets carry risk. Trade carefully.