I took a look at the market on Saturday afternoon. Market breadth showed that only 27.8% of coins were in the green, yet the Fear & Greed Index was still holding steady in greed territory at 55.
Looking closely, the contract data for $BTC is pretty interesting: while the price made a slight pullback near 81,710, the long/short position ratio remained at 1.72, and the funding rate stayed positive. Historically, this kind of divergence between sentiment and market breadth is often worth keeping an eye on.
What do you think the current long/short ratio meansโis momentum quietly building, or is it setting a trap for those chasing the rally?
#Binance #BTC #ETH #SOL
Looking closely, the contract data for $BTC is pretty interesting: while the price made a slight pullback near 81,710, the long/short position ratio remained at 1.72, and the funding rate stayed positive. Historically, this kind of divergence between sentiment and market breadth is often worth keeping an eye on.
What do you think the current long/short ratio meansโis momentum quietly building, or is it setting a trap for those chasing the rally?
#Binance #BTC #ETH #SOL