The same term, “long/short ratio,” can refer to two different metrics. $STBL The platform-wide account long/short ratio is 2.49:
This metric is based on the number of accounts and shows which side retail traders are on.
When both metrics point to the same conclusion, the signal is stronger. When they differ, the metric based on positions—reflecting large traders—is usually more reliable. Are you bullish or leaning bearish in the short term?