crypto analysis
07/18 02:58
Long positions continue to dominate the DOGEUSDT market , with 73.78% of traders currently betting on an upside. The Long/Short Ratio has surged to 2.81, indicating heavy bullish bias.
While this reinforces the optimism surrounding Dogecoin’s breakout, it also raises concerns of potential liquidations if the market reverses.
Typically, extreme long dominance suggests complacency, which can become a catalyst for volatility.
Therefore, DOGE must deliver sustained gains to avoid a rapid unwinding of these overleveraged long positions.
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