đ $NEAR Top tradersâ long/short position ratio: 2.59 (72.2% long / 27.8% short), up from 2.47 one hour ago.
ăQuick explainerăHow should you interpret the top tradersâ long/short position ratio?
Here, âtop tradersâ refers to the top 20% of accounts ranked by margin balance on Binanceânot any specific institution or whale address.
Some people treat the account long/short ratio as a contrarian indicator, but thatâs just one rule of thumb, and it often fails.
Donât change your strategy based on a single number, and definitely donât gamble with borrowed money on a prediction.
ăQuick explainerăHow should you interpret the top tradersâ long/short position ratio?
Here, âtop tradersâ refers to the top 20% of accounts ranked by margin balance on Binanceânot any specific institution or whale address.
Some people treat the account long/short ratio as a contrarian indicator, but thatâs just one rule of thumb, and it often fails.
Donât change your strategy based on a single number, and definitely donât gamble with borrowed money on a prediction.