Let’s chat about this. A friend asked me how to read the long/short ratio, so I’ll use $NEAR as an example:
The market-wide account long/short ratio is 1.30, meaning 56.5% of accounts are long and 43.5% are short.
A ratio above 1 means more traders are long; below 1 means a higher proportion are short. But most importantly, the more extreme the figure, the more alert you should be to a move in the opposite direction.
For reference only; this is not investment advice. DYOR.
The market-wide account long/short ratio is 1.30, meaning 56.5% of accounts are long and 43.5% are short.
A ratio above 1 means more traders are long; below 1 means a higher proportion are short. But most importantly, the more extreme the figure, the more alert you should be to a move in the opposite direction.
For reference only; this is not investment advice. DYOR.