Are there any strategies to monitor the shorts or longs in BitMEX?

3 answers

• Dec 26, 2021 · 3 years ago
  One strategy to monitor the shorts and longs in BitMEX is to use the funding rate. The funding rate is a fee that is exchanged between long and short traders every eight hours. By monitoring the funding rate, you can get an idea of the market sentiment. If the funding rate is positive, it means that long traders are paying shorts, indicating a bullish sentiment. On the other hand, a negative funding rate suggests a bearish sentiment. You can find the funding rate on the BitMEX website or through various trading tools and platforms.
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• Dec 26, 2021 · 3 years ago
  Another strategy is to analyze the order book. By looking at the buy and sell orders in the order book, you can get an understanding of the market sentiment. If there are more buy orders (longs) than sell orders (shorts), it suggests a bullish sentiment. Conversely, if there are more sell orders than buy orders, it indicates a bearish sentiment. There are several websites and platforms that provide real-time order book data for BitMEX, which can help you monitor the shorts and longs.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we have developed a proprietary tool called 'Sentiment Tracker' that can help you monitor the shorts and longs in BitMEX. The tool analyzes market data and social media sentiment to provide real-time insights into the market sentiment. It tracks the positions of traders and provides sentiment indicators to help you make informed trading decisions. With the 'Sentiment Tracker', you can easily monitor the shorts and longs in BitMEX and stay ahead of the market trends.
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