The long/short ratio is 2.90, but ETH open interest shrank by 0.02%—the speculative froth is obvious. $BTC 81,587, down 0.71% over 24h, with a trading volume of 1.08B.
TIA surged 20.21%, while XRP fell 2.14%. 5/19 coins are up, with market breadth at 26.3%. The Fear & Greed Index is 55, in Greed territory.
ETH’s long/short ratio is 2.90, compared with just 1.72 for $BTC , indicating stronger bullish sentiment for ETH. The funding rate is $BTC +0.0065%, leaning bullish.
Conclusion: ETH shorts are eager to add to their positions, but volume isn’t keeping up, making the risk of a false dip high.
#Binance #BTC #ETH #CryptoNews #MarketUpdate
TIA surged 20.21%, while XRP fell 2.14%. 5/19 coins are up, with market breadth at 26.3%. The Fear & Greed Index is 55, in Greed territory.
ETH’s long/short ratio is 2.90, compared with just 1.72 for $BTC , indicating stronger bullish sentiment for ETH. The funding rate is $BTC +0.0065%, leaning bullish.
Conclusion: ETH shorts are eager to add to their positions, but volume isn’t keeping up, making the risk of a false dip high.
#Binance #BTC #ETH #CryptoNews #MarketUpdate