Honestly, I check data like the long-short ratio every day. Right now, the large-trader position ratio for $ETH is 1.56 (61% long / 39% short).
But I never use it on its own to make decisions. It’s more like a weather forecast: it tells you whether it’s hot right now, but not what you should bring.
Do you usually keep an eye on the long-short ratio?

#ETH

Just my personal observations, not investment advice. Be aware of the risks.