📊$BTC: Long/Short Ratio Analysis – Coinglass Data
The latest chart from Coinglass shows an interesting shift in trader sentiment surrounding Bitcoin:
📈 Top chart (BTC Long/Short Volume Ratio)
— The most recent candles indicate a strong increase in buy positions: the Buy/Sell ratio has surged to 1.55, signaling buyer dominance.
— This could signal the beginning of a bullish momentum or excessive optimism — potentially driving a spike in liquidations in the future.
📉 Bottom chart (Binance#BTC USDT Long/Short Account Ratio)
— Despite increased buying volume, the number of selling accounts remains high, with a ratio below 0.5.
— This suggests that many retail traders are still betting on a decline, while larger investors may have entered long positions.
⚠️ The imbalance between volume and position count often leads to high volatility and unexpected moves.
📌 Conclusion:
The market is overheated on the long buying side — caution is advised. A short-term liquidation event is possible. Keep a close eye on price movements and liquidation data before engaging in large trades.