$ETH All-account long/short ratio: 2.82 (long 73.8% / short 26.2%).
The long/short ratio is just one aspect of sentiment and shouldn’t be used on its own to judge whether prices will rise or fall. But when it becomes unusually skewed, it’s worth paying attention.
I’ll use the consolidation range before the unusual move as the boundary: a move only counts as valid if price holds outside the range.
The long/short ratio is just one aspect of sentiment and shouldn’t be used on its own to judge whether prices will rise or fall. But when it becomes unusually skewed, it’s worth paying attention.
I’ll use the consolidation range before the unusual move as the boundary: a move only counts as valid if price holds outside the range.