Data: $XRP ｜Overall account long/short ratio: 2.61｜Long 72.3% / Short 27.7%
Definition: This ratio only includes accounts on Binance USDⓈ-M perpetual contracts. It reflects the sentiment of these contract users, not spot holders.
How to read it: Extreme long/short ratios can persist for a long time. Trading against the trend based on the ratio alone can often be costly.
Understanding an indicator helps you avoid being swayed by a single number; it’s not a way to pinpoint tops and bottoms.
#XRP
I can be wrong too—don’t take this as advice.
Definition: This ratio only includes accounts on Binance USDⓈ-M perpetual contracts. It reflects the sentiment of these contract users, not spot holders.
How to read it: Extreme long/short ratios can persist for a long time. Trading against the trend based on the ratio alone can often be costly.
Understanding an indicator helps you avoid being swayed by a single number; it’s not a way to pinpoint tops and bottoms.
#XRP
I can be wrong too—don’t take this as advice.