The ratio of long to short positions in OKX has hit a new low since October 2019, currently at 0.41

The number of long and short positions in OKX-BTC has hit a low of 0.39 compared to today, currently at 0.41, hitting a new low since October 2019. This indicates that the number of short sellers in the current market far exceeds the number of long sellers, and retail short selling sentiment is highly concentrated. When emotions are extreme, the market is often prone to reverse volatility, and we need to be alert to the potential risks of short selling or long selling by the main force. (AiCoin data)