A quick note: $BTC The platform-wide account long/short ratio is 2.65 (72.6% long / 27.4% short).
People often ask what the platform-wide account long/short ratio means. This is how I understand it.
It’s more useful to compare the platform-wide account ratio with the top traders’ positions ratio: when they lean in opposite directions, it often means that top traders and most accounts disagree.
The long/short ratio only covers contract positions; spot buying and selling aren’t included, so take it with a grain of salt when using it to judge the market as a whole.
The same data can mean very different things in different market conditions, so don’t apply any single rule of thumb blindly.
DYOR, and participate responsibly.
People often ask what the platform-wide account long/short ratio means. This is how I understand it.
It’s more useful to compare the platform-wide account ratio with the top traders’ positions ratio: when they lean in opposite directions, it often means that top traders and most accounts disagree.
The long/short ratio only covers contract positions; spot buying and selling aren’t included, so take it with a grain of salt when using it to judge the market as a whole.
The same data can mean very different things in different market conditions, so don’t apply any single rule of thumb blindly.
DYOR, and participate responsibly.