📉 BTC is falling, but at least it's fun: the futures circus at Binance continues
While Bitcoin modestly looks away with a long/short ratio of 0.44 (read: some shorts are drying on the balcony), others are fighting for attention.
In Binance USD-M futures over the past 24 hours, the top 3 by volume: BTC, ETH, SOL. But here's who is really 'burning':
🧪 XRP: ratio 2.38, funding 0.01% - obsession?
🐸 1000PEPE: 2.25, 0.01% - meme coins are back in action.
☀️ SOL: nearly double the dominance of longs (1.90) with a calm rate - shorts are already feeling the heat.
And only BTC awkwardly coughs in the corner: it's being shorted as if they know something terrible.
Moral?
Not all activity is a sign of a bull market. Sometimes it's just traders bored with volatility.