$SOL Network-wide account long/short ratio: 3.26 (long 76.5% / short 23.5%).
Everyone, how should you interpret the network-wide account long/short ratio? Here's the short version:
This data comes from Binance's public futures statistics. It counts accounts and is updated every 5 minutes.
A long/short ratio above 1 doesn't mean the price will rise next, just as a ratio below 1 doesn't mean it will fall right away. It describes position bias, not price direction.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#SOL
Everyone, how should you interpret the network-wide account long/short ratio? Here's the short version:
This data comes from Binance's public futures statistics. It counts accounts and is updated every 5 minutes.
A long/short ratio above 1 doesn't mean the price will rise next, just as a ratio below 1 doesn't mean it will fall right away. It describes position bias, not price direction.
The same data can mean very different things in different market conditions, so don't blindly apply a single rule.
#SOL
