As Popcat jumped to a monthly high, investors rushed into the market to take strategic positions.
According to Coinalyze, Long/Short Ratio surged to 2.361, implying a higher demand for long positions. As such, longs accounted for 70.85% while shorts accounted for 29.15% of the total positions.
When long positions dominate, it suggests that investors are actively betting that prices will continue to rise. This is a clear sign of market conviction across Futures participants.
According to Coinalyze, Long/Short Ratio surged to 2.361, implying a higher demand for long positions. As such, longs accounted for 70.85% while shorts accounted for 29.15% of the total positions.
When long positions dominate, it suggests that investors are actively betting that prices will continue to rise. This is a clear sign of market conviction across Futures participants.
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