Latest data: $ETH |Top trader long/short position ratio 1.48|Long 59.6% / Short 40.4%
Explanation: The typical long/short ratio can vary greatly across different coins, even for the same group of top traders. Comparing it with its own historical levels is more reliable.
How to read it: An extremely skewed long/short ratio can persist for a long time. Trading against the trend based on this signal alone could be costly.
Extreme readings often come with more volatile price swings. In such cases, it’s better to reduce leverage rather than increase your position.
#ETH
Explanation: The typical long/short ratio can vary greatly across different coins, even for the same group of top traders. Comparing it with its own historical levels is more reliable.
How to read it: An extremely skewed long/short ratio can persist for a long time. Trading against the trend based on this signal alone could be costly.
Extreme readings often come with more volatile price swings. In such cases, it’s better to reduce leverage rather than increase your position.
#ETH