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CryptoWorld Net news reports that the Bitcoin (BTC) long-short ratio shows that professional traders are cautious about the Federal Reserve and inflation. After Bitcoin faced rejection at $77,800 on Wednesday, it re-tested the $76,000 level. This volatility has followed a correction in the S&P 500 index, as the Iran war has reached 60 days, pushing crude oil prices close to $118. Despite increased demand for bearish Bitcoin futures, whale long-short ratios on major exchanges show different trends. Bitcoin’s continued negative funding rate indicates that market sentiment remains cautious.