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TronWeekly

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Solana Bulls Dominate as Long/Short Ratio Exceeds 2.8 Across all Timeframes

  • Solana's long/short ratio has exceeded 2.8 in all major timeframes, indicating a bullish market sentiment.
  • 11.2 million transactions on Solana mark a 20-week high, boosting SOL's bullish momentum.
  • 76.29% of traders held long positions on SOL in the past 24 hours, with a high long/short ratio of 3.22.
  • Traders are showing strong belief in a price upside for SOL, with a long/short ratio above 2.8 across all timeframes.

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