I'd love to know if anyone has any perspective on the chart with the sudden Bitfinex massive Short Contract drop, without major influence in price. Even adjusting for the 1-minute, you can see the insta-decline, and no price movement.
I think the value in this chart set is inherently useful on a microscopic level (1min) if into scalping. Seeing the Shorts or longs slowly give up, or one outpacing the other.
I love price volatility for active trading. But some of the shorts and longs, from a ratio stand point - aren't giving much of a direction right now.