27% long vs 73% short——I had to read this ratio twice.
$BTR surged 355% today, jumping from a low of 0.033 to a high of 0.154—almost a 5x move. This kind of trend would be explosive in any market.
But the most unusual part isn’t the gain—it’s the current long/short positioning: over 70% of open positions are short.
Usually, when a coin rises this much, retail investors would already be chasing longs. But here, most contract positions are still short—meaning that during this rally, a large number of shorts have been forced to close, while new shorts keep entering “to catch the knife.” It becomes a repeated crash-and-chase cycle: the more they short, the higher it rises.
Trading volume also confirms it: the total volume across eight hourly K-lines exceeds 3.5 billion, with the earliest K-lines having the highest volume. Later, volume gradually shrinks, yet the price doesn’t drop—suggesting sell pressure is decreasing, but the shorts haven’t surrendered.
Funding rate is currently only 0.099%, far below what an extreme rally would typically show. This indicates the market hasn’t formed a consensus of疯狂做多 (wildly going long). Instead, shorts are stubbornly holding the line.
With this structure, the key thing to watch in the short term is: when do the shorts collectively stop-loss? Once it happens, there may be another impulse wave. But don’t ignore the risk too—after a 355% surge, a sudden and sharp pullback could occur at any time.
$BTR #多空比失衡 #355%暴涨
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