Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details

Source Newsbtc

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.

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 crossroads, and traders continue to watch closely for a catalyst to drive the next major move.

Bitcoin Investors Split On Market Direction As Long Positions Dominate Futures

After months of volatility and a sharp correction from Bitcoin’s January all-time high, some market participants are preparing for a prolonged bear market. Sentiment among this group is driven by persistent macroeconomic uncertainty, erratic global policy shifts, and rising concerns of recession, all of which have shaken confidence across both crypto and traditional markets.

However, a more optimistic view persists among analysts who argue that the current price action is simply a healthy correction within a larger bull cycle. They believe that Bitcoin is undergoing a standard consolidation phase following its parabolic move in late 2024. The structural fundamentals supporting Bitcoin—including growing institutional interest and broader adoption—remain intact.

Supporting this view, top analyst Ali Martinez shared a key metric on X: the Bitcoin Long/Short Ratio on Binance Futures. Martinez revealed that 60.52% of traders with open BTC positions are currently leaning long, signaling a bullish sentiment among futures traders.

Bitcoin Long/Short Ratio | Source: Ali Martinez on X

This bullish skew in leveraged positions suggests that a potential breakout may be on the horizon. If bulls can reclaim resistance levels near $88K and push above the $90K mark, it could confirm the start of a recovery rally and help restore confidence.

Until then, indecision continues to dominate the market, and Bitcoin remains trapped in a tight range where both scenarios—a deeper correction or a bullish breakout—remain on the table.

BTC Price Range Narrows As Key Resistance Holds Strong

Bitcoin (BTC) is trading at $84,200 after several days of tight consolidation between the $87,000 resistance and the $81,000 support level. Despite recent attempts to push higher, bulls have struggled to break through key resistance, leaving the price range bound and vulnerable to sudden volatility.

BTC trying to push above $84K | Source: BTCUSDT chart on TradingView

Currently, BTC sits approximately 4% below the 4-hour 200-day Moving Average (MA) and Exponential Moving Average (EMA). These indicators, now acting as dynamic resistance around $87,300, are widely watched by traders as crucial short-term trend signals. Reclaiming this zone as support could be the catalyst for a recovery rally toward the $90,000 mark, helping shift sentiment back in favor of the bulls.

Related Reading: Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?

However, the failure to break above this technical ceiling raises concerns. If price action remains weak and fails to retake the 200 MA and EMA in the coming sessions, the likelihood of a drop below the $81,000 support increases. Such a move would not only trigger fresh selling pressure but could also send BTC into deeper correction territory.

Featured image from Dall-E, chart from TradingView 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold price bulls could regain control amid fading US-China trade deal optimismGold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
Author  FXStreet
4 Month 24 Day Thu
Gold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
placeholder
Solana (SOL) Holding Strong Above $150 — Breakout Zone In PlaySolana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
Author  NewsBTC
18 hours ago
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
placeholder
Ethereum Price Forecast: Accumulation addresses grab 1.11 million ETH as bullish momentum risesEthereum (ETH) saw a 1% decline on Friday as sellers dominated exchange activity in the past 24 hours. Despite the recent selling, increased inflows into accumulation addresses and declining net taker volume show a gradual return of bullish momentum.
Author  NewsBTC
18 hours ago
Ethereum (ETH) saw a 1% decline on Friday as sellers dominated exchange activity in the past 24 hours. Despite the recent selling, increased inflows into accumulation addresses and declining net taker volume show a gradual return of bullish momentum.
placeholder
XRP Price Hovers at Support — Can The 100 SMA Spark Bullish Bounce?XRP price corrected gains from the $2.30 zone. The price is now consolidating near the $2.150 support and might aim for a fresh increase. XRP price started a fresh increase above the $2.150 zone. The
Author  NewsBTC
18 hours ago
XRP price corrected gains from the $2.30 zone. The price is now consolidating near the $2.150 support and might aim for a fresh increase. XRP price started a fresh increase above the $2.150 zone. The
placeholder
Ethereum Flashes Bullish Golden Cross – Is A Major Rally On The Horizon?Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum
Author  NewsBTC
18 hours ago
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum
goTop
quote