A personal observation: someone asked me how to use the long/short ratio, so I used $NEAR as an example:
The global account long/short ratio is 1.30, meaning 56.5% are long and 43.5% are short.
A ratio above 1 means more traders are long; below 1 means more are short. But remember: the more one-sided the numbers are, the more cautious you should be about a move in the opposite direction.
#NEAR
Be aware of the risks. Do your own research. This is not investment advice.
The global account long/short ratio is 1.30, meaning 56.5% are long and 43.5% are short.
A ratio above 1 means more traders are long; below 1 means more are short. But remember: the more one-sided the numbers are, the more cautious you should be about a move in the opposite direction.
#NEAR
Be aware of the risks. Do your own research. This is not investment advice.