The market-watching mini drama begins: $BTC Global Account Long/Short Ratio: 2.24 (long 69.1% / short 30.9%), compared with 2.25 an hour ago.
The long/short ratio is like picking a side, except each account gets one vote.
On a serious note, it’s common for the account long/short ratio to rise during a downturn. One explanation is that many small accounts like to keep going long as prices fall.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to close before checking.
#BTC
The long/short ratio is like picking a side, except each account gets one vote.
On a serious note, it’s common for the account long/short ratio to rise during a downturn. One explanation is that many small accounts like to keep going long as prices fall.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to close before checking.
#BTC
