Here’s a joke to explain it: the long-short ratio is like a vote on what to eat.
$IRYS The big players’ long-short ratio is 1.17, so there are more people going long—like when most people at the table pick the same dish. That dish is usually the first to get snapped up, and anyone who shows up late is left with nothing but soup.
Give it a like, and we’ll chat together when the market moves next time.

#IRYS