🔸 1. Open Interest (OI) – 5m
Rising OI with rising price → This is usually bullish.
It shows new money entering the market supporting the price move.
✅ Good for long
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🔸 2. Top Trader Long/Short Ratio (Accounts & Positions – 1h)
The majority of top traders are short (red bars dominate), but the ratio is climbing, indicating some long interest is returning.
⚠️ Mixed: While still more shorts, momentum is shifting towards longs.
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🔸 3. Long/Short Ratio (All traders – 5m)
The long/short ratio is increasing and has moved above 1.35, showing growing long interest from retail traders.
✅ Good for long, though be cautious of herd behavior at peaks.
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🔸 4. Taker Buy/Sell Volume
Buy volume has increased recently, with some strong green bars. This shows aggressive buyers stepping in.
✅ Bullish pressure is evident.
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🔸 5. Basis (Futures - Spot Price Spread)
The basis is positive, meaning futures are trading higher than spot, which indicates bullish sentiment among leveraged traders.
✅ Bullish
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📊 Conclusion:
Most signs support your long position:
📈 Increasing open interest with price.
🟢 Taker buy volume rising.
⚖️ Long/short ratio improving.
💰 Positive basis.
However, since top traders are still majority short, keep a close eye on resistance levels and be ready to adjust your stop-loss or exit if momentum shifts.