What is the difference between shorts and longs in Bitcoin tradingview?
I'm trying to understand the difference between shorting and longing in Bitcoin trading on TradingView. I want to know how these two positions work and how they affect my trades.
Why is bitcoin's shorts vs longs data important?
Could you elaborate on why the ratio of Bitcoin shorts to longs is considered significant in the cryptocurrency market? How does it provide insights into market sentiment and potential price movements? Additionally, what strategies do traders employ to take advantage of this data, and what risks are associated with leveraging this information?