$ETH Platform-wide account long/short ratio: 2.85 (74% long / 26% short).
When the long/short ratio becomes too extreme, it usually means positions are heavily concentrated on one side. Sometimes, prices move in the direction that makes the majority uncomfortable.
A genuine trend needs a succession of higher highs and lows or lower highs and lows to confirm it. One or two candlesticks are just the beginning.
#ETH
Your money, your decision.
When the long/short ratio becomes too extreme, it usually means positions are heavily concentrated on one side. Sometimes, prices move in the direction that makes the majority uncomfortable.
A genuine trend needs a succession of higher highs and lows or lower highs and lows to confirm it. One or two candlesticks are just the beginning.
#ETH
Your money, your decision.