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This image shows market sentiment data for the EDGE/USDT pair on Binance Futures. Basically, it tells you what the "main traders" (the accounts with the highest volume or balance) are doing.

Here’s a quick breakdown:

1. Long/Short Ratio

The chart measures how many traders are betting that the price will go up (Long/Green) versus those who believe it will go down (Short/Red).

By accounts (Upper chart): Shows the net number of accounts. Here, there is a massive dominance of Shorts (red). A lot of people are betting against the price.

By positions (Lower chart): Shows the size of real money. Interestingly, here the green has more presence than in the accounts chart, suggesting that although there are fewer people in "Long", those few have larger positions.

2. The White Line

It is the moving average of the ratio. If the line goes down, sentiment is becoming more bearish (more people entering Short).

How is this interpreted?

Many traders use this as a contrarian sentiment indicator:

If almost everyone is in Short (as seen in the accounts chart), sometimes the market does the opposite to "liquidate" those sellers (a short squeeze).

However, in the image, it shows that the price of EDGE has fallen by -0.82%, which means that, for now, those who are in Short are winning.

$EDGE #AprendamosDeCrptomonedas From electrician to crypto my leap of faith 🙏