Raydium (RAY) exhibits the highest Long/Short Ratio among altcoins, signaling positive sentiment. However, the flat open interest suggests a slow market build-up, creating anticipation for a breakout as liquidity returns.
Despite aggressive positioning in longs, traders must remain cautious. The market reflects a high potential for price swings, especially with limited liquidity, meaning careful monitoring of RAY’s trends is essential to navigate possible fluctuations.
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