Recent analysis from datascope via CryptoQuant highlights how extreme fluctuations in the Long/Short Volume to Open Interest Ratio often precede significant market reversals, stressing the importance of monitoring collective investor behavior. Bitcoin’s recent price trends closely mirror shifts in investor sentiment, serving as a critical barometer. The Long/Short Ratio measures the proportion...
source: https://cryptoslate.com/insights/bitcoins-spike-in-long-positions-may-signal-imminent-price-correction/