After scanning the contract data, Meow Bro noticed: prices are falling, but retail traders keep buying more 🐱
📊 Long/short account ratio (Tradexus, 11/7 15:12 UTC, USDT perpetuals):
• BTC accounts long: 75.3%
• ETH accounts long: 78.2%
• SOL accounts long: 78.3%
8h funding rates: BTC 0.0014%, ETH 0.0074%, SOL 0.0019%
🔍 Meanwhile: Glassnode observed that BTC open interest increased by about $1 billion during the decline, suggesting some traders are using leverage to buy the dip; over the past 24h, liquidations totaled about $1.26 billion, with longs accounting for roughly 88% (CoinGlass).
👉 Meow Bro’s take: the share of accounts is not the same as the share of capital. But a pattern of “adding to longs while prices fall” means leveraged longs are concentrated around $73K–$76K, so even a brief dip could trigger a cascade of liquidations. Funding rates aren’t high, which suggests the market isn’t extremely crowded yet. Don’t panic excessively, but don’t stubbornly hold with your entire portfolio either.
Levels to watch: BTC support at $75K; if it breaks, watch $73K. First resistance on a rebound: $77K.
Do you think retail traders got this dip-buy right, or are they about to become fuel again? Let’s hear your thoughts in the comments 👇
$BTC $ETH $SOL
#合约数据 #资金费率 #OnChainData
Personal opinion only; this is not investment advice
📊 Long/short account ratio (Tradexus, 11/7 15:12 UTC, USDT perpetuals):
• BTC accounts long: 75.3%
• ETH accounts long: 78.2%
• SOL accounts long: 78.3%
8h funding rates: BTC 0.0014%, ETH 0.0074%, SOL 0.0019%
🔍 Meanwhile: Glassnode observed that BTC open interest increased by about $1 billion during the decline, suggesting some traders are using leverage to buy the dip; over the past 24h, liquidations totaled about $1.26 billion, with longs accounting for roughly 88% (CoinGlass).
👉 Meow Bro’s take: the share of accounts is not the same as the share of capital. But a pattern of “adding to longs while prices fall” means leveraged longs are concentrated around $73K–$76K, so even a brief dip could trigger a cascade of liquidations. Funding rates aren’t high, which suggests the market isn’t extremely crowded yet. Don’t panic excessively, but don’t stubbornly hold with your entire portfolio either.
Levels to watch: BTC support at $75K; if it breaks, watch $73K. First resistance on a rebound: $77K.
Do you think retail traders got this dip-buy right, or are they about to become fuel again? Let’s hear your thoughts in the comments 👇
$BTC $ETH $SOL
#合约数据 #资金费率 #OnChainData
Personal opinion only; this is not investment advice
