There are about 3 times as many longs as there are shorts.
In the 2018 bear market, the 3.1 ratio has been the top, in the bull market, this ratio has been the bottom.
Current shorts feel like a proper reset for a later continuation of the bull cycle.
I am expecting moves to the upside when the Bitfinex whales are going to send it.
Never before Bitfinex shorts were as high as on the previous 2 peaks. Even when we had a big Crypto Market and BTC dip this year!
Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers.
So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and...
we are exactly on the 21MA daily. Many are scared now, but until we hold this level, we can consider the movement as a normal and healthy retracement and the uptrend can continue. It was too violent to be "real". Also, long/short ratio (adjusted for the holders) reached levels lower than those during the 13th of March due to Covid today. Too much. I still think...
Le 1er graphe permet de voir le sentiment général du marché. Il correspond à la somme des positions LONGS - SHORTS sur BITFINEX.
Ca donne simplement une appréciation du sentiment du marché à l'instant t.
Le 2e graphe correspond aux positions en LONGS du marché sur BITFINEX
Le 3e graphe correspond aux positions en SHORTS du marché sur BITFINEX
Le 4e graphe...
Hello, the short term rise scenario has played out (1st idea linked below). However, Shorts are at the all-time lows (2nd idea) and Longs are at a possible reveal point, as you can see from the chart. Most crowded trades are usually not the best. Next days and weeks will be crucial, but I still expect a correction to wipe out all those longs, before the bull run...
Last time the total # of positions in the market (both long and short,with just bitfinex considered) was that low was July '19 and btc started its decline from 13k to 6.5k (the covid happened).
True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low (wouldhave...
Not even the long/short indicator (usually a contrarian indicator) gives us any insight about the next direction.
Its level is 1:1 (excluding hodlers that are long by definitions and do not trade the trend) meaning that for each long position there is 1 short. Total uncertainty among market participants.
Shorts are at their...
Looking for a short squeeze over the weekend to kick start XBT uptrend and wave 4 on alts. Lots of fear in the market, shorts piling in after a huge plunge. I closed my shorts on BTC at $4700.
When Shorts/Longs are overbought on the RSI at the top of that channel we typically have a rally to the upside in price.
Comparing BTCUSD Longs and Shorts (amount of long / short positions), e.g. as defined by Bitfinex, one can take a general idea whether most of the market participants are short or long. So, if we draw symbol like this: 100*BITFINEX:BTCUSDLONGS/(BITFINEX:BTCUSDLONGS+BITFINEX:BTCUSDSHORTS) we will get 0% - 100% chart, where 100% would mean 'everybody bought, no sell...
Look at the ratio between longs/short over time and take a look at Bitcoin over same time.
In my opinion we have legit bottom at 4k area, built in march 2019.
From 4k and up to 14k, there is a great mix of real demand, and lot of long- and short gambling.
In this range of price, we can se four bigger actions (compared BTC with Long/Short ratio) and how price...
This is a graph of Bitcoin Longs - Bitcoin Shorts on Bitfinex.
See the zero line a well.
This year has been brutal for bitcoin traders. The short orders have been squeezed and now the long orders and at all yearly highs. The break above $12,000 was a significant psychological push to Bitcoin's price.
Now the price has broken down below the 200-Day Moving...