๐ณ๐ฒ% ๐ผ๐ณ $ETH ๐ณ๐๐๐๐ฟ๐ฒ๐ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐๐ ๐ฎ๐ฟ๐ฒ ๐น๐ผ๐ป๐ด. ๐ง๐ต๐ฎ๐ ๐ป๐๐บ๐ฏ๐ฒ๐ฟ ๐บ๐ถ๐๐น๐ฒ๐ฎ๐ฑ๐.
On Binance's ETH perpetual, about 76% of accounts hold longs right now. For $BTC it's about 64%.
But every futures contract has a buyer and a seller. Total long size always equals total short size.
The ratio counts accounts, not money. Many small accounts on one side usually means fewer, larger ones on the other.
With ETH down about 5% today, it mostly shows who is underwater, not where price goes next.
NFA.
#FuturesTrading #CryptoBasics #Ethereum
On Binance's ETH perpetual, about 76% of accounts hold longs right now. For $BTC it's about 64%.
But every futures contract has a buyer and a seller. Total long size always equals total short size.
The ratio counts accounts, not money. Many small accounts on one side usually means fewer, larger ones on the other.
With ETH down about 5% today, it mostly shows who is underwater, not where price goes next.
NFA.
#FuturesTrading #CryptoBasics #Ethereum