Market-watching mini-show begins: $ETH platform-wide account long/short ratio: 2.72 (73.1% long / 26.9% short).
The long/short ratio is like picking sides, except each account gets one vote.
On a more serious note, the same account long/short ratio can mean different things for different coins. Some coins stay above 1 for long periods, so compare the ratio with that coin’s own historical levels.
Don’t place orders during the most volatile few minutes. Wait for the price to settle before checking again.
#ETH
The long/short ratio is like picking sides, except each account gets one vote.
On a more serious note, the same account long/short ratio can mean different things for different coins. Some coins stay above 1 for long periods, so compare the ratio with that coin’s own historical levels.
Don’t place orders during the most volatile few minutes. Wait for the price to settle before checking again.
#ETH