LUMIA whales' long/short ratio is 6.48 (86.6% long / 13.4% short), and the price is up 30.47% over the past 24 hours.
A quick explainer: the long/short ratio only describes how positions are distributed; it doesn't mean the price is bound to move in a particular direction. The more crowded side can actually be more vulnerable to liquidations when the market moves against it—which is why people call it an "inverse indicator."
This market has a way of humbling every doubter—including people like me who say, "I'll buy the pullback."
Raise your hand if you're the same—I want to know I'm not alone.