A crypto veteran is here to walk you through the charts. Don’t get distracted by all the buzz around macro news—things like China and Europe preparing to discuss tariffs or giving the green light to rare-earth exports. None of that is likely to make much of a splash in the short term. What really matters is on-chain liquidity: the total stablecoin market cap is now $312.4 billion, down $840 million in the past 24 hours. That’s a clear sign that money is starting to leave, and liquidity is being steadily drained from the market!
Now let’s look at the data on these gamblers in the futures market. $BTC has a funding rate of 0.0052%, giving longs a slight edge, but the taker buy/sell ratio is only 0.70, which clearly favors sellers. Ethereum’s funding rate is slightly negative (-0.0012%), giving shorts a slight edge, and its taker buy/sell ratio also favors sellers at 0.69. Solana has held up reasonably well, with a long-to-short account ratio as high as 2.47. BNB has weakened, and its funding rate is down to 0.0000%. Long accounts are overwhelmingly bullish, but sellers are still beating them on actual taker activity. Retail traders are blindly doubling down, while the big players have already started quietly heading for the exits.
In this market, chasing longs just means providing liquidity for someone else. Stablecoin supply is shrinking, and conditions could turn at any moment. Don’t wait until you’re deeply underwater to regret it.
$BTC $BNB
What are you planning to do with your positions—cut leverage and reduce risk, or go head-to-head with the big players?
Now let’s look at the data on these gamblers in the futures market. $BTC has a funding rate of 0.0052%, giving longs a slight edge, but the taker buy/sell ratio is only 0.70, which clearly favors sellers. Ethereum’s funding rate is slightly negative (-0.0012%), giving shorts a slight edge, and its taker buy/sell ratio also favors sellers at 0.69. Solana has held up reasonably well, with a long-to-short account ratio as high as 2.47. BNB has weakened, and its funding rate is down to 0.0000%. Long accounts are overwhelmingly bullish, but sellers are still beating them on actual taker activity. Retail traders are blindly doubling down, while the big players have already started quietly heading for the exits.
In this market, chasing longs just means providing liquidity for someone else. Stablecoin supply is shrinking, and conditions could turn at any moment. Don’t wait until you’re deeply underwater to regret it.
$BTC $BNB
What are you planning to do with your positions—cut leverage and reduce risk, or go head-to-head with the big players?