#HighlightPosts# Long Position Rate Top 8 Altcoins Announced: Here is the List and What It Means!

The cryptocurrency analysis company Alphractal announced the 8 altcoins with the highest long/short ratio in the market.
The cryptocurrency analysis company Alphractal has published a new analysis regarding the altcoin market. According to the company's data, RAY has the highest Long/Short ratio among all altcoins.
Following RAY, GTC, COS, DOT, ALPHA, MELANIA, AUDIO, and REZ are among the other altcoins where Long positions are high compared to Short ones.
The Alphractal team stated that excessively high Long/Short ratios generally negatively affect altcoin performance, but can also sometimes trigger the formation of price lows. According to the company, this situation can create a Short Squeeze dynamic when prices start to rise again, as investors close their Long positions and open Shorts.
However, it was emphasized that an increase in Open Position (Open Interest) volume is required for this scenario to occur. Alphractal predicts that there is currently no significant increase in Open Positions for altcoins, and therefore, prices may move more horizontally in the coming days.
On the other hand, Alphractal CEO Joao Wedson announced that an important signal has re-emerged on the Bitcoin side. Wedson noted that the Bitcoin/Stablecoin Reserve Ratio has signaled again in the range of $76,000–$77,000, reminding that this level has predicted significant Bitcoin rallies in the past. In his statement, Wedson used the following expressions:
"This behavior shows that Stablecoin reserves are growing faster than Bitcoin reserves and reveals that there is a large amount of capital ready to flow into crypto assets. The same signal appeared after the 'Coronadump' in 2020, at the end of 2022, and now it has re-emerged. In all of these instances, the Bitcoin price reacted positively."
IT IS NOT INVESTMENT ADVICE