$NEAR Top traders’ long/short position ratio: 2.56 (long 71.9% / short 28.1%).
Let’s use this data to talk about the top traders’ long/short position ratio.
The total volume of long positions and short positions across the market is always equal. If top traders hold more long positions overall, that means all other accounts combined are leaning short.
A long/short ratio above 1 doesn’t mean the price is about to rise, and a bearish lean doesn’t mean it’s about to fall. It describes how positions are distributed, not the direction of the price.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.
Let’s use this data to talk about the top traders’ long/short position ratio.
The total volume of long positions and short positions across the market is always equal. If top traders hold more long positions overall, that means all other accounts combined are leaning short.
A long/short ratio above 1 doesn’t mean the price is about to rise, and a bearish lean doesn’t mean it’s about to fall. It describes how positions are distributed, not the direction of the price.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.