$XRP Platform-wide account long/short ratio: 2.99 (long 75% / short 25.1%), compared with 3.12 an hour ago.
Let’s use this figure to break down the platform-wide account long/short ratio.
In the platform-wide account long/short ratio, accounts with very small positions and those with very large positions each count as one, so it more closely reflects retail sentiment.
Rather than looking at the reading at any given moment, it’s usually more useful to watch which way the ratio is moving and how quickly.
Sizing positions based on the stop-loss distance is much more reliable than placing orders by feel.
#XRP
Let’s use this figure to break down the platform-wide account long/short ratio.
In the platform-wide account long/short ratio, accounts with very small positions and those with very large positions each count as one, so it more closely reflects retail sentiment.
Rather than looking at the reading at any given moment, it’s usually more useful to watch which way the ratio is moving and how quickly.
Sizing positions based on the stop-loss distance is much more reliable than placing orders by feel.
#XRP
