$BTC Overall long/short ratio: 1.55, with 60.8% of accounts holding long positions.
Interpretation: Longs have the upper hand, but sentiment isn’t extreme.
The long/short ratio is most useful when read in reverse—when retail traders are all leaning one way, a reversal is often just around the corner.
My take: I use this indicator only as a contrarian reference, never as the sole basis for opening a trade.
#Data
Interpretation: Longs have the upper hand, but sentiment isn’t extreme.
The long/short ratio is most useful when read in reverse—when retail traders are all leaning one way, a reversal is often just around the corner.
My take: I use this indicator only as a contrarian reference, never as the sole basis for opening a trade.
#Data