$BTC ｜Large traders' long/short position ratio: 1.61｜Long 61.7% / Short 38.3%
How should you interpret the long/short ratio for large traders? A ratio above 1 means these traders hold more long positions than short positions overall; below 1 means they hold more short positions. The long and short percentages show the share of positions on each side.
An extreme long/short ratio can persist for a long time. Trading against the trend based solely on the ratio can be costly.
Don't place an order at the most volatile moment. Wait for the candlestick to settle before deciding.
Whether to buy is up to you—I'm just sharing this.
How should you interpret the long/short ratio for large traders? A ratio above 1 means these traders hold more long positions than short positions overall; below 1 means they hold more short positions. The long and short percentages show the share of positions on each side.
An extreme long/short ratio can persist for a long time. Trading against the trend based solely on the ratio can be costly.
Don't place an order at the most volatile moment. Wait for the candlestick to settle before deciding.
Whether to buy is up to you—I'm just sharing this.