$ETH Global account long/short ratio: 2.74 (long 73.3% / short 26.7%).
When the long/short ratio is heavily skewed, it usually means positions are overly concentrated on one side. Sometimes, prices move in the direction that hurts most traders instead.
A move is more convincing when volume and price move in sync; an unusual move in a single candlestick doesn't tell us much.
When the long/short ratio is heavily skewed, it usually means positions are overly concentrated on one side. Sometimes, prices move in the direction that hurts most traders instead.
A move is more convincing when volume and price move in sync; an unusual move in a single candlestick doesn't tell us much.