Crypto Express

07/11 04:45

Derivatives traders tip the scale:

Derivatives traders tip the scale: Can long positions drive the next surge?

Derivatives data indicates that 61.72% of accounts remain long on SOL/USDT perpetuals, compared to just 38.28% short, at press time.

This skew reflects mounting confidence among market participants. 

While the Long/Short Ratio sat at 1.61, such imbalances often lead to volatility as crowded trades become vulnerable. Therefore, while sentiment favors the bulls, any sharp pullback could trigger a chain of long liquidations. 

Still, if momentum holds, these long positions could serve as the fuel needed for SOL to reclaim previous highs.

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