Just musing a bit: I used to love watching the long/short ratio. Whenever I saw that a higher percentage of traders were going long, I’d follow suit—only to get stopped out by a sudden wick more than once.
Later, I realized that the long/short ratio shows which side everyone is on, but the market often likes to move in the opposite direction.
Right now, the overall account long/short ratio across the network is 2.72 for $XRP , with more traders going long. I’ll just treat it as a reference.
#XRP
Later, I realized that the long/short ratio shows which side everyone is on, but the market often likes to move in the opposite direction.
Right now, the overall account long/short ratio across the network is 2.72 for $XRP , with more traders going long. I’ll just treat it as a reference.
#XRP