BTC Perpetual Futures Traders Remain Cautious, Long/Short Ratio Stays Balanced
CryptoNewsTerminal Staff12 Jul, 2024
BTC Perpetual Futures Traders Remain Cautious, Long/Short Ratio Stays Balanced
The long/short ratio of BTC perpetual futures on the top 3 crypto futures exchanges over the last 24 hours based on open interest is as follows: Binance: 1.02 Huobi: 1.01 * OKEx: 1.03 This indicates that traders are relatively neutral on BTC's short-term price action, with a slight bias towards longs. This cautious sentiment is likely due to the recent volatility in the crypto market and the uncertainty surrounding the upcoming Bitcoin halving.