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Why You Go Long at the Top and Short at the Bottom

Hacker Noon

TechnologyHacker Noon·Jul 23, 2026·1 min read

Why You Go Long at the Top and Short at the Bottom

Every exchange keeps a number that most traders never look at: the ratio of accounts holding long versus short. When Bitcoin printed its 2021 high near $69,000, that ratio was screaming long. When it bottomed in late 2022 around $15,500…

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