Bitcoin Long-Short Ratio Hits 2.23, Highest in 2026, Signaling Potential Short-Term Pullback

BTC0.84%
According to Santiment, Bitcoin's long-short ratio surged to 2.23 on May 31, reaching its highest level in 2026. Historically, previous peaks in the long-short ratio preceded short-term price pullbacks, suggesting caution despite current market optimism.
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