📎 Data: $XRP ｜Overall account long/short ratio 2.51｜Long 71.5% / Short 28.5%
· What it is: This ratio only includes accounts trading Binance USDⓈ-M perpetual contracts. It reflects the preferences of these contract traders and excludes spot users.
· How to read it: The long/short ratio alone doesn’t indicate whether prices will rise or fall. It’s usually compared with open interest, funding rates, and price.
Determine your order size based on where you place your stop-loss—it’s much more reliable than trading on gut feeling.
· What it is: This ratio only includes accounts trading Binance USDⓈ-M perpetual contracts. It reflects the preferences of these contract traders and excludes spot users.
· How to read it: The long/short ratio alone doesn’t indicate whether prices will rise or fall. It’s usually compared with open interest, funding rates, and price.
Determine your order size based on where you place your stop-loss—it’s much more reliable than trading on gut feeling.