💥LONG POSITION RATIO IS INCREASING SIGNIFICANTLY → WHAT SCENARIO COULD OCCUR
⚡Long / Short ratio = 62.85 / 37.15 = 1.69. The Long ratio has risen to a high level in recent days.
⚡When the market experiences a downward correction, Bitcoin as well as many other Altcoins have dropped to strong support. Many skilled traders in technical analysis recognize this and enter Long positions.
⚡When the number of Long orders and Long Volume increases significantly, the market often experiences strong drops to liquidate Longs; let’s wait to see the results in the near future.