币界网报道：According to TradingView data, BTC/USD leveraged long positions on Bitfinex have fallen to their lowest level since December last year. Historical data show that this indicator usually has a reverse indicator: during bull markets, long positions decrease and during bear markets. For example, the market decline in 2022 and the correction phase of falling from $100,000 to $75,000 at the beginning of this year both saw a significant increase in long positions; while the recent rebound from $75,000 to more than $110,000 has continued to decline. Crypto analysis firm Alphractal noted that traders often misjudgment the direction of the market, resulting in forced or autonomous closing of positions, which drives price reverse volatility. "As long positions in Bitfinex continue to decline, the price may continue to rise.