Under the influence of the Meme coin crisis, the long short position ratio of SOL in the futures market has sharply decreased, indicating a shift towards bearish sentiment in the market

Odaily Planet Daily News: With the increasing Meme coin scandal and market sentiment falling, traders are increasingly preparing for a decline in SOL. According to data service Coinalyze, on February 17th, the long to short position ratio of SOL on cryptocurrency futures exchanges decreased from 4 to 2.5, indicating that the entire market tends to be bearish on SOL. Anonymous crypto KOL Tyler Durden posted on X stating, "The market has decided to vent its anger on Solana." Durden cited data from Binance's perpetual futures trading platform, stating that Binance's SOL short to long position ratio has risen to 4:1, indicating excessive bearish bets. （Cointelegraph）