🚀 Top 10 Most Longed Tokens — 10th December

Despite the massive dip yesterday, the market sentiment remains strikingly bullish.

The long/short ratios across the top tokens are unbelievable, signaling that traders still believe we’re heading higher. Let’s break it down:

Top 10 Most Longed Tokens (Long %)

1️⃣ Fetch.ai $FET – 88.57%

2️⃣ XAI $XAI – 87.60%

3️⃣ Manta $MANTA – 87.49%

4️⃣ Starkent $STRK – 87.09%

5️⃣ AEVO $AEVO – 86.97%

6️⃣ NOT $NOT – 86.83%

7️⃣ Jupiter $JUP – 86.49%

8️⃣ Celestia $TIA – 86.45%

9️⃣ Pixel $PIXEL – 86.39%

🔟 Ethereum $ETH – 85.79%

📊 Key Insights

- Resilient Bullish Sentiment: Even after yesterday’s steep drop, long positions dominate the market with ratios well above 85%. This shows constant confidence from traders in a market rebound.
- Momentum Remains Strong: FET leads the list with nearly 89% long positions, followed closely by XAI and MANTA. Such strong long ratios are rare after a major dip.

💡 Why This Matters

These ratios suggest traders expect a swift recovery and continued upside. However, such extreme positioning can pose risks if the market doesn’t rebound as anticipated, so stay cautious and manage your risk wisely.

Do you think these levels of confidence are justified? Or is this a sign of excessive optimism? Let me know your take! 👇