I can't help but share a couple of thoughts. I used to really like watching the long-short ratio. Whenever I saw that the percentage of longs was high, I'd go long too—only to get stopped out by a single wick several times.
It was only later that I realized: the long-short ratio shows which side everyone is betting on, while the market often likes to move in the opposite direction.
Right now, $SOL large traders' long-short ratio is 2.64, with more traders going long. I'll take it as just a reference.
#SOL
It was only later that I realized: the long-short ratio shows which side everyone is betting on, while the market often likes to move in the opposite direction.
Right now, $SOL large traders' long-short ratio is 2.64, with more traders going long. I'll take it as just a reference.
#SOL
