A quick note: The global accounts long/short ratio for $AGT is 0.49 (long 33.1% / short 66.9%).
People often ask how to interpret the global accounts long/short ratio, so here’s my take.
This ratio only counts accounts trading Binance USDⓈ-M perpetual futures. It reflects the bias of these futures traders, not spot users.
Extreme long/short ratios can persist for quite a long time. Trading against the trend based on this alone can be very risky.
Don’t let a single number throw your plan off, and definitely don’t gamble with borrowed money based on one reading.
People often ask how to interpret the global accounts long/short ratio, so here’s my take.
This ratio only counts accounts trading Binance USDⓈ-M perpetual futures. It reflects the bias of these futures traders, not spot users.
Extreme long/short ratios can persist for quite a long time. Trading against the trend based on this alone can be very risky.
Don’t let a single number throw your plan off, and definitely don’t gamble with borrowed money based on one reading.