🔍 Latest data: $ICNT |Platform-wide account long/short ratio 1.37|Long 57.9% / Short 42.1%
· What it is: The same platform-wide account long/short ratio can mean different things for different coins. Some coins stay above 1 for years, so compare the reading with their historical levels.
· How to read it: A heavily skewed long/short ratio can persist for a long time. Trading against the trend based on this indicator alone can be costly.
Rare readings often signal more intense volatility. At times like these, it’s better to reduce your position size rather than make a big bet.