$BTC vs $ETH Positioning
On Binance perpetuals over the past 7 days, BTC longs sit at 50.74%, placing them in just the 14.6th percentile.
ETH longs are at 72.14%, in the 96.1st percentile.
Result: BTC positioning is relatively light, while ETH longs are heavily crowded, increasing the risk of a long squeeze.
On Binance perpetuals over the past 7 days, BTC longs sit at 50.74%, placing them in just the 14.6th percentile.
ETH longs are at 72.14%, in the 96.1st percentile.
Result: BTC positioning is relatively light, while ETH longs are heavily crowded, increasing the risk of a long squeeze.