$SOL The market-wide account long/short ratio is 3.1 (75.6% long / 24.4% short), compared with 3.09 an hour ago.
Let’s use this figure to talk about the market-wide account long/short ratio.
This data comes from Binance’s official futures statistics. It counts accounts and is updated every 5 minutes.
The long/short ratio only covers futures positions; spot buying and selling aren’t included, so any conclusions drawn about the entire market should be taken with a grain of salt.
It’s more reliable to look for confirmation across multiple indicators than to rely on just one, but even a collection of signals can’t provide a definitive conclusion.