$WIF

Price Action
The top portion displays the WIF/USD price chart on a 1-hour time-frame. The current price is at 1.361 (+0.83%), showing a general downward trend over the displayed period. The price action has formed a series of lower highs and lower lows, indicating bearish momentum.

Long/Short Ratio
The bottom section shows the Aggregated Long/Short Accounts Ratio Average, currently at 3.776. This metric indicates that there are approximately 3.776 long positions for every short position. The ratio has been fluctuating but maintaining relatively high levels above 3.600, suggesting that traders are predominantly positioned long despite the downward price movement.

Technical Implications
The divergence between the declining price and the maintained high long/short ratio could indicate:
- Potential oversold conditions
- Traders maintaining bullish positions despite short-term bearish price action
- Risk of a long squeeze if the downward trend continues

#Crypto #WIF
#WIF