$BTC
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Bitcoin (BTC), the leading cryptocurrency by market capitalization, and Tether (USDT), which is the largest stablecoin linked to the US dollar, are frequently traded crypto pairs. You will see the pair as... BTC/USD or BTC-USDT depending on the exchange.Posting your trade on Binance is like announcing youâve adopted a wild animalâpeople cheer, then slowly back away. One minute youâre up 20%, next minute Bitcoin sneezes and your gains vanish like socks in a dryer. You proudly share your chart with 12 lines, 3 arrows, and zero meaning. Someone replies, âBro, itâs just vibes.â True. Bitcoin doesnât follow rulesâit makes them. Elon tweets? Pump. Fed talks? Dump. Full moon? Who knows! But still, you post, âHODLing strong,â while eating instant noodles. Because in crypto, Bitcoin isnât just a coinâitâs an unpredictable lifestyle with emotional side effects.63.76% of Bitcoin Traders on Binance Are Short as Bearish Bias Dominates
Binance data shows 63.76% of Bitcoin traders are short, highlighting a firm bearish stance dominating market sentiment and position structures.
The current long/short ratio of 0.57 reveals nearly twice as many traders expect Bitcoin to fall than to rise.
Heavy short positioning could trigger sharp volatility if Bitcoin rallies and forces mass liquidation of bearish positions.
Bitcoin Short Positions Dominate Binance Market
As of May 2nd at UTC 06:00, a total of 63.76% of Binance traders holding active Bitcoin positions were short, while 36.24% held long positions. The long/short ratio was at a value of 0.57, implying nearly two traders are short on Bitcoin for each one anticipating it to go up.