Urgent update from this wisecracking host: $SOL 's platform-wide long/short ratio is 3.06 (75.4% long / 24.7% short).
There are lots of people going long, so I'll just watch from the sidelines.
When the long/short ratio gets too extreme, it usually means positions are overly concentrated on one side. Sometimes, prices move in the direction that hurts the majority instead.
Markets involve risk. Trade with caution.
There are lots of people going long, so I'll just watch from the sidelines.
When the long/short ratio gets too extreme, it usually means positions are overly concentrated on one side. Sometimes, prices move in the direction that hurts the majority instead.
Markets involve risk. Trade with caution.