Hedera (HBAR) Market Surge: Long/Short Ratio Hits Monthly High, Bulls Eye $0.199

Hedera (HBAR) is witnessing a bullish market surge as traders are increasingly optimistic about the coin’s potential for growth. This shift in sentiment is reflected in key derivatives metrics that show an increase in bullish positioning. Hedera’s long/short ratio, which measures the proportion of long positions to short positions, has reached 1.09, its highest point in the past month. This significant move above the neutral threshold signifies a predominantly optimistic outlook on HBAR’s price trajectory.