Make a note: $NEAR The platform-wide account long/short ratio is 1.2 (long 54.5% / short 45.5%).
People often ask what the platform-wide account long/short ratio means. Here’s how I understand it.
In the account long/short ratio, an account with a very small position counts just as much as one with a very large position, so it’s more like a gauge of retail sentiment.
I use the long/short ratio as a secondary reference; price structure and trading volume are still what I focus on first.
Don’t place orders during the few most volatile minutes. Wait for the price movement to play out before deciding.
#NEAR
People often ask what the platform-wide account long/short ratio means. Here’s how I understand it.
In the account long/short ratio, an account with a very small position counts just as much as one with a very large position, so it’s more like a gauge of retail sentiment.
I use the long/short ratio as a secondary reference; price structure and trading volume are still what I focus on first.
Don’t place orders during the few most volatile minutes. Wait for the price movement to play out before deciding.
#NEAR