$RAVE Long/Short Ratio 282%! 80% of people are making money, but smart money is quietly fleeing
$RAVE has increased by 29% within the day, current price is $14.82, but the latest smart money data has already raised a red flag: bullish sentiment is high, yet large investors are collectively selling at high levels.
Core data at a glance:
Nominal long/short ratio has soared to 282.21%, with every 1 short position corresponding to 2.82 long positions, the market is extremely euphoric.
Net selling of 31.03 million USDT, which is 3 times the net buying amount, with volume and price showing serious divergence, smart money is locking in profits.
81.9% of traders are in profit, with an average opening price of $10.66; only 18.1% are losing, all of whom are retail investors shorting with high leverage, with an average cost of $9.53, and unrealized losses exceeding 55%.
Operational suggestions by group:
- For those holding profitable positions: immediately take partial profits to lock in gains, move stop loss up to $13.2, and unconditionally liquidate if it falls below $10.6.
- For those watching with no positions: absolutely do not chase the highs, wait for a pullback to the $13-$10.6 range before considering to buy low.
- For those stuck in short positions: immediately reduce leverage, supplement margin, and avoid averaging down, gradually reduce positions and exit when there is a pullback.
History has proven countless times: when more than 80% of people are making money, it often signals a market top. RAVE may still surge, but the risks now far outweigh the rewards.
Are you ready to take profits and escape the top, or continue to be bullish? Let's chat in the comments below👇
$RAVE
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