2026-10-12｜11:1 short-to-long ratio
Binance saw $830 million in short liquidations over 24 hours, compared with $74.86 million in long liquidations.
11:1.
That ratio says a lot. The price is up, but open interest is down 3.6%—it’s not fresh money coming in to buy; shorts simply couldn’t hold on and were forced to close.
What’s the biggest risk in this kind of market? A lack of follow-through. Once the shorts have been squeezed out, there may be no one left to buy, leaving the price hanging in midair.
BTC $83,598. The $84,300–85,000 zone above is where price has repeatedly been knocked back this week. A break above it would mark a real recovery.
The $82,800–83,000 zone below is this move’s low. If it breaks, this rebound may as well have never happened.
Just keep an eye on those two levels.
$BTC $ETH $SOL
Binance saw $830 million in short liquidations over 24 hours, compared with $74.86 million in long liquidations.
11:1.
That ratio says a lot. The price is up, but open interest is down 3.6%—it’s not fresh money coming in to buy; shorts simply couldn’t hold on and were forced to close.
What’s the biggest risk in this kind of market? A lack of follow-through. Once the shorts have been squeezed out, there may be no one left to buy, leaving the price hanging in midair.
BTC $83,598. The $84,300–85,000 zone above is where price has repeatedly been knocked back this week. A break above it would mark a real recovery.
The $82,800–83,000 zone below is this move’s low. If it breaks, this rebound may as well have never happened.
Just keep an eye on those two levels.
$BTC $ETH $SOL