Let me share a personal observation. When I first started trading futures, I was really into checking the long/short ratio. Whenever I saw a higher percentage of longs, I’d go long too—and more than once, a single wick took me out.
Later, I realized that the long/short ratio tells you which side most people are betting on, but the market often likes to move in the direction with fewer people.
Today, $BTC ’s platform-wide account long/short ratio is 1.76, with more accounts going long. I’ll just take it as a reference.
#BTC
Later, I realized that the long/short ratio tells you which side most people are betting on, but the market often likes to move in the direction with fewer people.
Today, $BTC ’s platform-wide account long/short ratio is 1.76, with more accounts going long. I’ll just take it as a reference.
#BTC