Backtesting TC daily line, combined with the long-short position ratio to observe
An interesting phenomenon can be found:
Whenever the number of long positions increases and the value exceeds 1, the price actually starts to decline, while when everyone is frantically shorting and the value drops to negative, it is precisely the beginning of a market rally and upward rebound!
Currently, this data is still in the negative range, indicating that there are still many people in the market 'chasing shorts', so I will not rush to short, but will wait for the data to turn positive before looking for short opportunities.
