$BTC Large traders’ position long/short ratio: 1.45 (long 59.2% / short 40.8%).
A beginner’s burning question: How should I interpret the large-trader position long/short ratio?
The typical long/short ratio can vary quite a bit from one coin to another, so it’s more reliable to compare it with its own historical levels.
The long/short ratio is like a vote, except votes are weighted by position size.
All indicators only describe past price movements; the market can just as easily move in the opposite direction.
#BTC
A beginner’s burning question: How should I interpret the large-trader position long/short ratio?
The typical long/short ratio can vary quite a bit from one coin to another, so it’s more reliable to compare it with its own historical levels.
The long/short ratio is like a vote, except votes are weighted by position size.
All indicators only describe past price movements; the market can just as easily move in the opposite direction.
#BTC