Hi,
a quick update, since BTC is doint it's boring thing again.
However, interestingly, we have now a similar situation as in early April. The shorts are rising more and more, and will soon be higher than the longs.
In this case, I think we'll see a nice short squeeze, as in April.
I'll keep a close eye on the long/short ratio at Bitfinex. The indicators are otherwise oversold on one week and three days, which coould indeed mean that we'll see short term pumps up to 10k.
And then when everyone is hoping for the bullmarket again, and longs are high again, BTC will probably brutally destroy all hopes and dreams and continue with the bearmarket till 2019, hehe.