BTC/USDT, ETH/USDT, and SOL/USDT have recorded the highest trading volume in the Binance USD-M Perpetual Futures market in the last 24 hours. Alongside this, DOGE/USDT and PARTI/USDT also remained significant.

Key Points:

The long/short ratio for BTC/USDT is 0.92, indicating that most traders are bearish. The funding rate is 0.0036%, which shows a positive but weak bullish sentiment.

The long/short ratio for ETH/USDT is 2.61, indicating strong bullish sentiment, while the funding rate of 0.0056% is also positive.

The long/short ratio for SOL/USDT is 2.03, reflecting bullish sentiments, but the funding rate of -0.0051% is negative, meaning that more short traders are being paid.

The long/short ratio for DOGE/USDT is 2.2 and the funding rate is 0.0042%, indicating a majority of bullish traders.

The long/short ratio for PARTI/USDT is 0.41, indicating bearish sentiment, while the funding rate of -0.1190% clearly shows downward pressure.

Is this showing any specific trend in the market?

There are more long positions in ETH and SOL, which means traders are expecting an increase in their prices.

There are relatively bearish sentiments in BTC, but there are more bullish traders in DOGE.