$BTC Bitcoin’s trading sentiment in May 2025 shows a nuanced picture across major exchanges. The 24-hour long/short ratio on Binance BTC/USDT stands near 0.98, indicating almost balanced but slightly more longs than shorts. However, the long/short ratio by accounts is lower-0.68 on OKX and 0.64 on Binance-suggesting more traders hold short positions overall. Top traders on Binance show a long/short ratio of 0.80 by accounts but a notably higher 1.65 by positions, reflecting stronger conviction in long positions among the most experienced traders. This mixed sentiment aligns with Bitcoin’s recent price consolidation near $103,000 amid cautious optimism.