📊 First, the numbers: the global account long-short ratio for $BTC is 2.69, and the price is down 4.99% over the past 24 hours.
Prices are falling, but longs still outnumber shorts. Many traders are buying the dip or holding onto losing long positions, so watch for long stop-losses to trigger further declines.
The direction the data is moving matters far more than the figures themselves. Feel free to share what you're seeing.