Just noting this down: $BTC The market-wide account long/short ratio is 1.54 (60.6% long / 39.4% short).
People often ask what the market-wide account long/short ratio means. This is how I understand it.
It’s not unusual for the ratio to rise during a decline. One explanation is that many small accounts tend to buy the dip.
The ratio only covers futures positions; spot buying and selling aren’t included, so it should be taken with a grain of salt when used to infer what the entire market is doing.
The same data can mean completely different things in different market conditions, so don’t blindly apply a single rule.
#BTC
Just my personal opinion—not a basis for buying or selling.
People often ask what the market-wide account long/short ratio means. This is how I understand it.
It’s not unusual for the ratio to rise during a decline. One explanation is that many small accounts tend to buy the dip.
The ratio only covers futures positions; spot buying and selling aren’t included, so it should be taken with a grain of salt when used to infer what the entire market is doing.
The same data can mean completely different things in different market conditions, so don’t blindly apply a single rule.
#BTC
Just my personal opinion—not a basis for buying or selling.