The numbers speak for themselves: $BTC whale long/short ratio is 2.23, while the 24-hour price change is -1.44%.
Prices are falling, yet longs still outnumber shorts. Plenty of traders are trying to catch the bottom or holding onto their long positions, so watch for long stop-losses to trigger a further drop.
One-sided sentiment often signals a brewing reversal. Which side are you on?
Prices are falling, yet longs still outnumber shorts. Plenty of traders are trying to catch the bottom or holding onto their long positions, so watch for long stop-losses to trigger a further drop.
One-sided sentiment often signals a brewing reversal. Which side are you on?