Just checked the long/short ratio for $ETH : large holders’ position ratio is 1.56, with heavier long positions.
The long/short ratio is only one aspect of sentiment and shouldn’t be used on its own to predict price movements, but it’s worth paying attention when it becomes heavily skewed.
The long/short ratio is only one aspect of sentiment and shouldn’t be used on its own to predict price movements, but it’s worth paying attention when it becomes heavily skewed.