Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details

Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details
Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment. Related Reading: Whales Accumulate Over 120 Million Dogecoin In Past Week – Analyst The lack of momentum in either direction has left Bitcoin range-bound for the past several sessions. However, optimism remains among futures traders. According to recent data, 60.52% of traders with open Bitcoin positions on Binance Futures are currently holding long positions, suggesting a majority still believe in an upside breakout. This bullish leaning among leveraged traders highlights growing expectations that Bitcoin could recover once broader market sentiment improves. Still, the consolidation pattern remains in place until BTC can break decisively above the $85K level and target $88K or higher. If bulls fail to reclaim resistance soon, the risk of a breakdown below $81K increases, potentially triggering a deeper correction. As uncertainty dominates headlines, Bitcoin remains at a cr ..

Support the originator by clicking the read the rest link below.