Just a quick thought: I used to love watching the long/short ratio. Whenever I saw a high proportion of long positions, I’d go long too—and got wicked out several times.
It took me a while to realize that the long/short ratio shows which side most people are on, but the market often likes to move in the direction fewer people are on.
Today, the platform-wide account long/short ratio is 2.51 for $SOL , with more traders going long. I’ll just take it as a heads-up.
It took me a while to realize that the long/short ratio shows which side most people are on, but the market often likes to move in the direction fewer people are on.
Today, the platform-wide account long/short ratio is 2.51 for $SOL , with more traders going long. I’ll just take it as a heads-up.