Firstly, major news events can have a huge impact. If there is positive news such as a major country announcing the legalization of cryptocurrency trading, more investors may turn to the long side, increasing the long - position ratio. Conversely, negative news like a large - scale cryptocurrency exchange being hacked may cause more investors to take short positions.

Fashion enthusiast | Food lover | Coffee addict

woah, big news! 🚀 crypto world never sleeps, does it? gotta keep an eye on those headlines. 📈📉