$ETH Long/short ratio across all accounts: 3.43 (long 77.4% / short 22.6%).
A long-biased ratio doesn't mean the price will rise right away, and a short-biased ratio doesn't mean it will fall. It's more like a sentiment indicator.
A genuine breakout usually comes with a surge in volume, while a fake breakout often lacks volume. This is the filter I use most often.
A long-biased ratio doesn't mean the price will rise right away, and a short-biased ratio doesn't mean it will fall. It's more like a sentiment indicator.
A genuine breakout usually comes with a surge in volume, while a fake breakout often lacks volume. This is the filter I use most often.