🐂 Bulls are holding their positions!
On Bybit, the ratio of buyers to sellers has reached 11.57 🚀
This means that traders are actively increasing long positions, even despite the price drop.
What this means:
🔘 The market is showing a strong bullish sentiment.
🔘 Traders are using the price drop as an entry point.
🔘 Such indicators often precede short-term rebounds or potential trend reversals.
But there are risks:
👠 With excessive accumulation of longs, a short squeeze may occur — a sharp price spike upward, after which some traders will close their positions and the market may quickly turn downward.
👠 Beginners should enter cautiously, using a small percentage of their deposit and setting a stop-loss to avoid getting caught in the hedges of larger players.
🔎 Conclusion: the market is currently aimed at upside, but the movement may be unstable and rapid. Traders should monitor for confirmation of signals and manage risk.
