07 January, 2025, 05:29 AM
According to the open interest data, the long/short ratio of BTC perpetual futures on the three major global cryptocurrency exchanges, Binance, Bybit, and Bitget, in the last 24 hours is as follows: All exchanges: Long 50.57% / Short 49.43% 1. Binance: Long 50.65% / Short 49.35% 2. Bybit: Long 50.3% / Short 49.6% 3. Bitget: Long 50.28% / Short 49.72% This indicates that a slightly higher number of traders are currently holding long positions, speculating on a price increase of BTC. However, the ratio is relatively balanced, suggesting that the market sentiment is neutral to slightly bullish.