$ETH ｜Overall account long/short ratio across the network: 3.5｜Long 77.8% / Short 22.2%
Before looking at positions, first understand the overall account long/short ratio across the network.
In this ratio, an account with a very small position counts the same as one with a very large position, so it more closely reflects retail sentiment.
Some people also use the account long/short ratio as a contrarian indicator, but this is based only on experience, and it often fails.
Extreme readings usually signal greater volatility. At times like these, it’s better to reduce your position rather than add to it.
#ETH
Before looking at positions, first understand the overall account long/short ratio across the network.
In this ratio, an account with a very small position counts the same as one with a very large position, so it more closely reflects retail sentiment.
Some people also use the account long/short ratio as a contrarian indicator, but this is based only on experience, and it often fails.
Extreme readings usually signal greater volatility. At times like these, it’s better to reduce your position rather than add to it.
#ETH
