$ALT has been relatively stronger than $BTC during this stretch, while perpetual open interest has contracted; global accounts are heavily net short, funding is slightly negative, and taker activity has tilted back toward buying over the past few minutes.
Binance data as of 03:56 (Beijing time): $ALT spot was around 0.0055 USDT, +2.04% over 24h; over the same period, $BTC was around 75,804, -0.70%. The 24h performance gap versus BTC was about +2.75 percentage points. The intraday high was 0.00565 and the low was 0.0052.
Derivatives: funding rate was around -0.0005%. Perpetual open interest fell about 5.27% over the past 24 hours and about 0.42% over the past hour. The global long/short account ratio was around 0.51, with long accounts at about 33.6% and short accounts at about 66.4%—retail accounts are clearly skewed bearish. The top trader account long/short ratio was around 0.81 (about 44.8% long accounts). The top trader positions long/short ratio was around 1.69 (about 62.9% long and 37.1% short). The taker buy/sell ratio was around 1.11 over the past hour and around 1.37 over the past 5 minutes.
Price has strengthened relatively, but leveraged positions have been shrinking over the past day; accounts are heavily skewed short, while taker activity has tilted toward buying over the past few minutes. Positions have not expanded alongside the move, so don't mistake relative strength for leveraged longs adding to their positions.
Data from Binance spot ticker and public derivatives endpoints. Not investment advice.
$ALT $BTC
Binance data as of 03:56 (Beijing time): $ALT spot was around 0.0055 USDT, +2.04% over 24h; over the same period, $BTC was around 75,804, -0.70%. The 24h performance gap versus BTC was about +2.75 percentage points. The intraday high was 0.00565 and the low was 0.0052.
Derivatives: funding rate was around -0.0005%. Perpetual open interest fell about 5.27% over the past 24 hours and about 0.42% over the past hour. The global long/short account ratio was around 0.51, with long accounts at about 33.6% and short accounts at about 66.4%—retail accounts are clearly skewed bearish. The top trader account long/short ratio was around 0.81 (about 44.8% long accounts). The top trader positions long/short ratio was around 1.69 (about 62.9% long and 37.1% short). The taker buy/sell ratio was around 1.11 over the past hour and around 1.37 over the past 5 minutes.
Price has strengthened relatively, but leveraged positions have been shrinking over the past day; accounts are heavily skewed short, while taker activity has tilted toward buying over the past few minutes. Positions have not expanded alongside the move, so don't mistake relative strength for leveraged longs adding to their positions.
Data from Binance spot ticker and public derivatives endpoints. Not investment advice.
$ALT $BTC