$ETH Market-wide account long/short ratio: 2.85 (74% long / 26% short).
Let’s break down the market-wide account long/short ratio based on this data.
This ratio only includes accounts trading Binance USDⓈ-M perpetual contracts. It reflects the sentiment of these contract traders and does not include spot holders.
A ratio above 1 doesn’t mean the price is about to rise, just as a ratio below 1 doesn’t mean it’s about to fall. It reflects how positions are distributed, not the direction of the price.
The same reading can mean very different things in different market conditions, so don’t apply a rule of thumb mechanically.
Let’s break down the market-wide account long/short ratio based on this data.
This ratio only includes accounts trading Binance USDⓈ-M perpetual contracts. It reflects the sentiment of these contract traders and does not include spot holders.
A ratio above 1 doesn’t mean the price is about to rise, just as a ratio below 1 doesn’t mean it’s about to fall. It reflects how positions are distributed, not the direction of the price.
The same reading can mean very different things in different market conditions, so don’t apply a rule of thumb mechanically.