OKX BTC contract long short account ratio continues to fall

As of around 14:20 on January 26, 2026, the long short account ratio (number of long accounts/number of short accounts) of BTC contracts on the OKX platform has fallen to about 2.46, starting from a high of 2.72 in the morning. The overall trend of the day's curve shows a slow downward trend, gradually sliding from 2.65 to around 2.46 in the past 6 hours. The number of accounts holding long positions is still significantly higher than short positions, but there are signs of marginal cooling in the bullish sentiment of retail investors, and the market's bullish dominance pattern has loosened. Mainstream interpretation: The current BTC price is likely to remain volatile or slightly adjust, with the long short account ratio falling from 2.8+in the morning to 2.46, indicating that some retail investors are starting to take profits or have increased wait-and-see sentiment, but the ratio still remains at a high level above 2.4, and the overall proportion of bulls is still relatively high. As a classic indicator of reverse emotions, a slow decline from a high position can be seen as a gentle release of emotions after overheating, which helps alleviate potential pressure to sell positions, weaken the short-term selling pressure margin, and alleviate resistance above. The medium-term trend is still optimistic, and it is not advisable to excessively chase long positions under high long short ratios. However, the current decline is limited and has not yet entered the extreme overheating zone (>2.8 continuous sideways trend), and the downward space is relatively controllable. Register OKX now and receive a permanent 20% refund Company Registered Address https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2 Risk statement The content of this article represents the author's personal views only and does not represent the position of this platform. The views, conclusions, and recommendations in the article are for investors' reference only and do not constitute any investment advice related to this platform. The market is risky, and investment needs to be cautious.