YoungShkreli
Short

Am I the only one that sees it?

BITFINEX:ETHUSDLONGS   ETHUSD Longs
Hello,

This is no bueno.

-YS
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So BTC longs are really low and BTC short are really high... what’s your view on that? Doesnt make sense..
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@CrypTorre, Looks like people are betting that the bear market is over. I doubt it. I'm prepared to be wrong though.
Reply
Crazy 80 percent longs...time to short.
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Can you explain this a little? Is this the amount of money people have to spend on ETH longterm or is it a measure of the longterm investors in ETH? How do you get the numbers to measure this?
+2 Reply
keifer Sabibaby
@Sabibaby,
In a nutshell it means that when the heard goes long those who profit short. The ration is 60/40. Best explained in this video https://www.youtube.com/watch?v=G8YxS2jjNFw&ab_channel=BitcoinTradingChallenge

Longs vs Shorts can be found by typing this on the chart in tradingview. Example (ETHUSDLONG or ETHUSDSHORT )

Here is a link I use to get the Long/Short in 1 chart vs figuring out the percentages by opening two charts and doing the math. https://datamish.com/d/000000011/ethusd?refresh=30s&orgId=1
+1 Reply
@Sabibaby, It measures the amount of leveraged positions. If you are leveraged that means spikes in price can cause you to have your position forcefully closed creating even bigger movements. Can be very profitable to fuck with if you have the capital to move the market at times.
+1 Reply
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