Data: $BTC ｜Platform-wide account long/short ratio 2.87｜Long 74.2% / Short 25.9%
Explanation: It’s more useful to look at the platform-wide account figures alongside large traders’ positions: when the two point in different directions, it often means that large traders and most accounts are betting differently.
How to read it: Extreme long/short ratios can persist for quite a while. Trading against the trend based on the ratio alone can often be costly.
All indicators summarize market movements that have already happened, and prices can certainly move in the opposite direction.
@Binance BiBi
Explanation: It’s more useful to look at the platform-wide account figures alongside large traders’ positions: when the two point in different directions, it often means that large traders and most accounts are betting differently.
How to read it: Extreme long/short ratios can persist for quite a while. Trading against the trend based on the ratio alone can often be costly.
All indicators summarize market movements that have already happened, and prices can certainly move in the opposite direction.
@Binance BiBi
