$AKE |Global account long/short ratio 1.19|Long 54.4% / Short 45.6%
What does the global account long/short ratio mean? This ratio only counts accounts trading Binance USDT-margined perpetual contracts. It reflects the bias of these contract traders and does not include spot holders.
Some people use the account long/short ratio as a contrarian indicator, but this is only an empirical interpretation, and it often fails.
Extreme readings are often accompanied by more severe volatility. At such times, it’s better to reduce leverage rather than make a large bet.
#AKE
What does the global account long/short ratio mean? This ratio only counts accounts trading Binance USDT-margined perpetual contracts. It reflects the bias of these contract traders and does not include spot holders.
Some people use the account long/short ratio as a contrarian indicator, but this is only an empirical interpretation, and it often fails.
Extreme readings are often accompanied by more severe volatility. At such times, it’s better to reduce leverage rather than make a large bet.
#AKE