$AKE looking at the data. long/short ratio is 0.8 which is considered high. it means for every 10 short sellers there are 8 long traders.
In previous spikes, this ratio was around 0.4
Market maker spending money to pump the token. he wants to liquidate short sellers but it also gives opportunity for long traders to book profit and pull the price down
In previous spikes, this ratio was around 0.4
Market maker spending money to pump the token. he wants to liquidate short sellers but it also gives opportunity for long traders to book profit and pull the price down