$SOL The network-wide account long/short ratio is 3.49 (long 77.8% / short 22.3%).
Let’s use this figure to talk about the network-wide account long/short ratio.
A ratio above 1 means that most accounts hold long positions; below 1 means the opposite. The long and short percentages show the respective shares of long and short accounts.
Some people treat the account long/short ratio as a contrarian indicator, but that’s just one customary way to read it, and it often doesn’t work.
Several data points corroborating one another is more reliable than looking at just one, but even more signals don’t guarantee a definitive conclusion.
For recording and sharing purposes only, not trading advice.
Let’s use this figure to talk about the network-wide account long/short ratio.
A ratio above 1 means that most accounts hold long positions; below 1 means the opposite. The long and short percentages show the respective shares of long and short accounts.
Some people treat the account long/short ratio as a contrarian indicator, but that’s just one customary way to read it, and it often doesn’t work.
Several data points corroborating one another is more reliable than looking at just one, but even more signals don’t guarantee a definitive conclusion.
For recording and sharing purposes only, not trading advice.