Analysts: In this round of bull run, short positions have clearly turned conservative, and bullish signals in the market have strengthened.

On May 17, CryptoQuant analyst Axel Adler Jr. posted on social media stating, "In the current bull run cycle, traders betting on price declines are noticeably more cautious when establishing short positions compared to the 2021 market. The only significant long squeeze occurred during the pullback at around the $80,000 level for Bitcoin. This shift in sentiment indicates that shorts are becoming more risk-averse, which is often seen as a bullish signal."

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TheSilentPasser-byvip
· 17h ago
Roll
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