They’re both called the long/short ratio, but they’re calculated differently and mean different things. $BTC Overall account long/short ratio: 3.06:
This is calculated by counting accounts, so it shows which side most people are on.
When the two measures point in the same direction, the signal is stronger. When they conflict, the position-based measure for large traders is usually given more weight. What will you do if the market moves the other way?
This is calculated by counting accounts, so it shows which side most people are on.
When the two measures point in the same direction, the signal is stronger. When they conflict, the position-based measure for large traders is usually given more weight. What will you do if the market moves the other way?
