The invention relates to a mounting device for an overhead line or cable, in particular to a current guiding device for live operation of a distribution network with a long-distance real-time monitor, which is structurally characterized by comprising a pair of clamping devices, a high-voltage insulated connecting wire and a handheld monitor, wherein each clamping device comprises a movable jaw, a fixed jaw, a temperature sensor, a current sensor, a master control board and a current guiding connection device, each current guiding device is provided with the effective and reliable temperature sensor and current sensor for real-time collection of monitoring data, and the data are further wirelessly transmitted to the handheld monitor on the ground in a long-distance and real-time way within a controllable range for check of monitoring personnel, so that the monitoring personnel can promptly know the field construction situation, judgment can be made in a real-time way, correct prompts can be uttered in advance, the personal safety of operators can be guaranteed, the labor intensity can be lowered, the working pressure can be reduced, and the field construction safety of the live operation can be facilitated.