The funding rate is still positive, but the long/short position ratio for $ETH has climbed to 2.97—that’s a bit concerning.
$BTC is moving sideways around 81,279, down a slight 0.29% over the past 24 hours. It looks calm on the surface, but there are undercurrents. Market breadth is just 2/13 advancing, which means most coins are slowly sliding. This is when patience is really put to the test. My strategy now is to pull back, keep only my core positions, and clear out all the other altcoins to avoid getting stopped out by a sudden wick in any one of them.
Sentiment around longs in $ETH is getting a bit overheated. Open interest is still falling, but the position ratio is rising. This often means major players are quietly shifting positions or retail traders are blindly adding to theirs. If $BTC breaks below the key support at 81,000, $ETH will likely drop further. I’m not trying to call the bottom—I’ll wait for a signal. If it breaks down on strong volume, I’ll cut my position immediately to manage risk.
This kind of choppy market is exhausting. Sitting still can mean taking losses, but trading too often is just giving your money away. Instead of stressing, keep your hands off the keyboard, set your stop-loss orders, and get some sleep. Are you heavily positioned right now?
#Binance #BTC #ETH
$BTC is moving sideways around 81,279, down a slight 0.29% over the past 24 hours. It looks calm on the surface, but there are undercurrents. Market breadth is just 2/13 advancing, which means most coins are slowly sliding. This is when patience is really put to the test. My strategy now is to pull back, keep only my core positions, and clear out all the other altcoins to avoid getting stopped out by a sudden wick in any one of them.
Sentiment around longs in $ETH is getting a bit overheated. Open interest is still falling, but the position ratio is rising. This often means major players are quietly shifting positions or retail traders are blindly adding to theirs. If $BTC breaks below the key support at 81,000, $ETH will likely drop further. I’m not trying to call the bottom—I’ll wait for a signal. If it breaks down on strong volume, I’ll cut my position immediately to manage risk.
This kind of choppy market is exhausting. Sitting still can mean taking losses, but trading too often is just giving your money away. Instead of stressing, keep your hands off the keyboard, set your stop-loss orders, and get some sleep. Are you heavily positioned right now?
#Binance #BTC #ETH