1.2 billion tokens, and I made a little tool for crypto.
A few numbers on the futures side:
• $ETH Long/short position ratio: 2.69 — sentiment is running hot
• $SOL Long/short position ratio: 2.47 — sentiment is running hot
Highest funding rate: $BTC +0.0069%
Lowest funding rate: XRP -0.0023%
$BTC Open interest (1h): +0.02%
$ETH Open interest (1h): +0.03%
$BTC Long/short position ratio: 1.24
$ETH Long/short position ratio: 2.69
Put simply, funding rates and long/short ratios are just sentiment thermometers. Extreme readings often come with increased volatility. In moments like these, position size matters more than direction.
Did you used to get it backwards too?
#Binance #ETH #Futures
A few numbers on the futures side:
• $ETH Long/short position ratio: 2.69 — sentiment is running hot
• $SOL Long/short position ratio: 2.47 — sentiment is running hot
Highest funding rate: $BTC +0.0069%
Lowest funding rate: XRP -0.0023%
$BTC Open interest (1h): +0.02%
$ETH Open interest (1h): +0.03%
$BTC Long/short position ratio: 1.24
$ETH Long/short position ratio: 2.69
Put simply, funding rates and long/short ratios are just sentiment thermometers. Extreme readings often come with increased volatility. In moments like these, position size matters more than direction.
Did you used to get it backwards too?
#Binance #ETH #Futures