The BTC/USDT, ETH/USDT, and SOL/USDT pairs lead the trading volume in USD-M perpetual futures over the last 24 hours.

In a day marked by tension and strategy, the titans of the crypto market leave their mark again on Binance Futures. According to official data from the platform, BTC/USDT, ETH/USDT, and SOL/USDT dominated trading volume in the USD-M perpetual futures market, alongside two surprises roaring from the memecoin and AI corner: 1000PEPE/USDT and SOPH/USDT.

Quick market sentiment reading:

BTC/USDT

Long/Short Ratio: 1.07 → slightly bullish market, but with caution.

Funding Rate: 0.0052% → neutral to positive, ideal for sustained trades.

ETH/USDT

Long/Short Ratio: 1.72 → strong bullish pressure, buyers more aggressive than sellers.

Funding Rate: 0.0058% → slight positive bias, still sustainable.

SOL/USDT

Long/Short Ratio: 3.21! → explosion of long positions, traders are betting strongly on the rise.

Funding Rate: 0.0096% → high cost to maintain longs, but optimism doesn't stop!

Futures are ablaze: BTC, ETH, and SOL lead the charge while memecoins and AI seek their place in the leverage war.

And the disruptors?

1000PEPE/USDT

Long/Short Ratio: 2.15 → cosmic meme enthusiasm.

Funding Rate: 0.0100% → beware!, wild volatility may be coming.

SOPH/USDT

Long/Short Ratio: 0.69 → more sellers than buyers. The AI hype might be cooling down.

Funding Rate: 0.0013% → neutral ground, possible institutional accumulation.

What does all this tell us?

BTC and ETH maintain their structural hegemony. But SOL is capturing capital like a whirlwind of DeFi NFT + ZK infrastructure, justifying its ultra-bullish L/S ratio. 1000PEPE shows that the memetic effect is still alive, while SOPH seems to be consolidating cautiously after an AI rally.

Are we witnessing the prelude to an institutional rotation towards altcoins like SOL, or is it just a leverage fever threatening a chain liquidation?

Have you opened your position yet? Because the market... waits for no one.

$ETH