In this betting game, most people when LONG see it decrease, and when SHORT it increases.
For example, when $LAYER decreased from 3.4 to 1.3, many people went LONG hoping for a recovery. But then it kept decreasing to 0.9.
Or like $WCT which increased from 0.27 to 0.8, many people went SHORT and it continued to rise to 1.1.