๐ฅ The crowd is placing bets, the exchange is keeping score โ but whose turn is it to burn?
The futures picture is intriguing.
๐ For $BTC , longs are at 65% versus 35% shorts. For $ETH , the imbalance is massive โ 77% to 23%. The crowd is clearly expecting a rocket.
๐ค But funding is negative for both coins โ meaning shorts are paying longs, even though theyโre in the minority. So it looks like big whales are heavily shorting, while small accounts are piling into longs.
๐ฐ SOL, on the other hand, is textbook: longs are paying shorts, as youโd expect when bulls are in the majority.
โ ๏ธ When the crowd piles onto one side, thatโs the side at risk of getting squeezed if the market suddenly reverses. The denser the crowd, the louder the stops can fly.
๐ฏ Open interest is also substantial for both top coins.
#Bitcoin #Ethereum #crypto #futures
The futures picture is intriguing.
๐ For $BTC , longs are at 65% versus 35% shorts. For $ETH , the imbalance is massive โ 77% to 23%. The crowd is clearly expecting a rocket.
๐ค But funding is negative for both coins โ meaning shorts are paying longs, even though theyโre in the minority. So it looks like big whales are heavily shorting, while small accounts are piling into longs.
๐ฐ SOL, on the other hand, is textbook: longs are paying shorts, as youโd expect when bulls are in the majority.
โ ๏ธ When the crowd piles onto one side, thatโs the side at risk of getting squeezed if the market suddenly reverses. The denser the crowd, the louder the stops can fly.
๐ฏ Open interest is also substantial for both top coins.
#Bitcoin #Ethereum #crypto #futures