Over this hour, Binance $SKHYNIX perpetual accounts' long/short ratio rose from 9.53 to 9.59, with approximately 90.6% of accounts long and 9.4% short. The current price is 910.67, down 1.74% over 24 hours.
I checked the claim “longs are overwhelmingly dominant, and a long squeeze is imminent” against the current price, and it doesn’t quite add up. The one-hour ratio is up just 0.06; the imbalance isn’t accelerating. The account ratio counts accounts, not position sizes. The fact that 90.6% of accounts are long doesn’t tell us how large those positions are. The price is already down, but to say a liquidation cascade is underway, we’d need liquidation volumes and funding rates—neither is included in these figures. I agree it’s crowded, but has a cascade been confirmed? I don’t think so.
#市场情绪 #多空结构
I checked the claim “longs are overwhelmingly dominant, and a long squeeze is imminent” against the current price, and it doesn’t quite add up. The one-hour ratio is up just 0.06; the imbalance isn’t accelerating. The account ratio counts accounts, not position sizes. The fact that 90.6% of accounts are long doesn’t tell us how large those positions are. The price is already down, but to say a liquidation cascade is underway, we’d need liquidation volumes and funding rates—neither is included in these figures. I agree it’s crowded, but has a cascade been confirmed? I don’t think so.
#市场情绪 #多空结构