Just a quick thought—someone asked me how to read the long/short ratio, so here's an example using $ETH :
The overall long/short ratio across all accounts is 2.62, meaning 72.3% are long and 27.7% are short.
A ratio above 1 means more people are going long; below 1 means a higher proportion are going short. But remember: the more one-sided the numbers are, the more you should watch out for a move in the opposite direction.
#ETH
The overall long/short ratio across all accounts is 2.62, meaning 72.3% are long and 27.7% are short.
A ratio above 1 means more people are going long; below 1 means a higher proportion are going short. But remember: the more one-sided the numbers are, the more you should watch out for a move in the opposite direction.
#ETH