$ETH Global account long/short ratio: 2.65 (72.6% long / 27.4% short), compared with 2.62 an hour ago.
Let’s use this data to talk about the global account long/short ratio.
It’s common for the account long/short ratio to rise during a downturn. One explanation is that many small accounts tend to keep going long as prices fall.
When the long/short ratio and funding rate both lean in the same direction, it’s a clearer signal that positions are concentrated; when they diverge, don’t rush to draw conclusions.
Don’t change your original plan based on a single number, and don’t gamble with borrowed money on any particular reading.
#ETH
Let’s use this data to talk about the global account long/short ratio.
It’s common for the account long/short ratio to rise during a downturn. One explanation is that many small accounts tend to keep going long as prices fall.
When the long/short ratio and funding rate both lean in the same direction, it’s a clearer signal that positions are concentrated; when they diverge, don’t rush to draw conclusions.
Don’t change your original plan based on a single number, and don’t gamble with borrowed money on any particular reading.
#ETH