" #BTC long, short futures position price changes" 

Price fluctuations in the cryptocurrency market are heavily influenced by investor sentiment and market confidence. The ratio of short selling to open interest is an important indicator for understanding market sentiment and predicting future price fluctuations. 

long/short ratio concept 
The long/short ratio represents the distribution of long and short positions held by investors. A high long ratio usually means investors expect higher prices, while a high short ratio indicates expectations for lower prices. 

Chart Analysis 
The chart below shows the price of Bitcoin (white line) and the long/short ratio (green and red line). The red and green squares marked a price reversal due to excessive long or short positional tilt. Extreme investor sentiment often results in prices moving in the opposite direction. 

Red Box: Optimism was high for higher prices and indicates an excessive long position.