🧭 Data snapshot: $SOL |Platform-wide account long/short ratio 3.36|Long 77% / Short 23%
· Definition: The same platform-wide account long/short ratio can mean different things for different coins. Some coins stay above 1 for long periods, so compare them with their own historical levels.
· How to read it: A heavily skewed long/short ratio can persist for quite a while. Trading against it based on the ratio alone can often be costly.
Comparing several indicators is more reliable than looking at just one, but even more signals don’t guarantee a definitive conclusion.
#SOL
Be aware of the risks and make your own decisions.
· Definition: The same platform-wide account long/short ratio can mean different things for different coins. Some coins stay above 1 for long periods, so compare them with their own historical levels.
· How to read it: A heavily skewed long/short ratio can persist for quite a while. Trading against it based on the ratio alone can often be costly.
Comparing several indicators is more reliable than looking at just one, but even more signals don’t guarantee a definitive conclusion.
#SOL
Be aware of the risks and make your own decisions.