Just sharing a personal thought: I just took a look at the overall long/short ratio across accounts for $BTC : 1.29, with 56.4% long and 43.6% short.
There are more people going long. Honestly, I only treat this data as a reference. When everyone crowds onto the same side, the market tends to move in the opposite direction.
Are you leaning bullish or bearish right now?

#BTC