During my lunch break, I saw that the large traders' long/short position ratio for $BTC was 1.45 (59.2% long / 40.8% short).
Long positions outweigh short positions, but I'm watching from the sidelines.
The long/short ratio is just a snapshot of market sentiment and shouldn't be used on its own to predict price movements. Still, it's worth being cautious when it's heavily skewed.
#BTC
Just use this as a reference; you are responsible for your own gains and losses.
Long positions outweigh short positions, but I'm watching from the sidelines.
The long/short ratio is just a snapshot of market sentiment and shouldn't be used on its own to predict price movements. Still, it's worth being cautious when it's heavily skewed.
#BTC
Just use this as a reference; you are responsible for your own gains and losses.