A quick note: The all-account long/short ratio for $BTC is 1.37 (57.9% long / 42.1% short).
People often ask how to interpret the all-account long/short ratio, so here’s my take.
The all-account long/short ratio is the number of accounts with a net long position divided by the number of accounts with a net short position. It only counts accounts, regardless of position size.
I personally use the long/short ratio as a supplementary reference, while focusing mainly on candlestick structure and trading volume.
Understanding indicators is easy; the hard part is sticking to your plan even when the market gets extremely volatile.
People often ask how to interpret the all-account long/short ratio, so here’s my take.
The all-account long/short ratio is the number of accounts with a net long position divided by the number of accounts with a net short position. It only counts accounts, regardless of position size.
I personally use the long/short ratio as a supplementary reference, while focusing mainly on candlestick structure and trading volume.
Understanding indicators is easy; the hard part is sticking to your plan even when the market gets extremely volatile.