Technical Note | $ETH | Large Traders' Long/Short Ratio: 1.53 | Long 60.4% / Short 39.6%
First, a definition: The total volume of long positions and short positions across the entire market is always equal. If large traders are net long overall, that means all other accounts combined are net short.
A common interpretation: Some also use the account long/short ratio as a contrarian indicator, but this is just an empirical approach, and it doesn't always work.
Extreme readings often signal greater volatility. At times like these, it's better to reduce your position rather than add to it.
Stay calm and don't get carried away.
First, a definition: The total volume of long positions and short positions across the entire market is always equal. If large traders are net long overall, that means all other accounts combined are net short.
A common interpretation: Some also use the account long/short ratio as a contrarian indicator, but this is just an empirical approach, and it doesn't always work.
Extreme readings often signal greater volatility. At times like these, it's better to reduce your position rather than add to it.
Stay calm and don't get carried away.
