I checked the futures market data yesterday, and an interesting long-short ratio came up. It seems that the overall perpetual futures market for BTC has a dominant bearish position these days.



Looking at the 24-hour long-short ratios across major exchanges, the total market shows about 48% long positions and around 52% short positions. One of the major futures exchanges has a long ratio of 48.66%, and another is around 48.32%, maintaining a nearly equal long-short ratio. On the other hand, decentralized exchanges like dYdX interestingly show a stronger opposite position, with longs at 51.3%, slightly ahead.

The fact that short positions are slightly more prevalent still signals weak market sentiment, but it's interesting to see the differences in long-short ratios across exchanges. I’ll keep an eye on how these ratios change in the future.
BTC-0.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin