Market SentimentLongs | Shorts
BitcoinMarkets Flair Δ
38.87% | 61.12%
OKCoin Elite Traders
41% | 56.99%
OKCoin Futures Position Ratio
29.95% | 39.04%
Bitfinex (24h)
75.09% | 24.9%
Whaleclub.co Top Traders
46.68% | 53.32%
Δ calculates flair changes from bullish to bearish and vice-versa in the past 24 hours
how are we going to use BTC Market's information in order to determine whether to buy more, sell more or hodl?
BitcoinMarkets Flair Δ is comprised of reddit users, generally emotional but react quickly to change in macro and news. The sentiment actually tracks *changes* in sentiment, meaning how many people switched from bullish to bearish (and vice-versa) in the past 24 hours. A high long percentage for example would indicate that people think we've reached a bottom, that we've broken out, that we've been dumping for too long, or some kind of macro-catalyst just came out.
OKCoin Elite Traders are the top 100 trader positions on OKCoin spot. This doesn't indicate how big each position is, but just whether the trader is long or short.
OKCoin Futures Position Ratio indicates position sizes for longs and shorts. A 30% vs 40% sentiment means there is 33% more short capital than long capital. This can be useful to predict potential short and long squeezes.
Bitfinex (24h) gives a quantitative measure of rolling longs/shorts on Bitfinex over the past 24 hours.
Whaleclub.co Top Traders indicates how many traders are long vs short on Whaleclub.co and filters to include only the top 100 traders over the past quarter. It does not take into account position sizes, similarly to the OKCoin Elite Traders sentiment indicator.
So this should give you a bird's eye view of where market participants stand and combined with price and trend data can be very useful in building accurate trade setups.