CryptoQuant's Long/Short Ratio hits new low since FTX's Black Swan event, but still not in the "Extreme Fear" zone

BlockBeats News, February 17th, the CryptoQuant Long/Short Ratio recently hit the lowest point since the 2022 FTX collapse. This metric measures market sentiment by comparing the Market P&L Ratio to its 365-day moving average, and historical data shows that similar extreme bear market levels often signal the formation of a bottom.