📈Are long traders gaining too much control over the market?
The Binance Long/Short Ratio showed longs at 57.34% versus shorts at 42.66%. This imbalance reflected growing optimism among retail and derivatives traders.
Naturally, skewed positioning can foreshadow sharp corrections if the majority becomes overconfident.
On top of that, while buyers dominated, short sellers still held significant influence. This mix tempered overly bullish sentiment.
Furthermore, if long exposure kept rising, funding costs could climb and force overleveraged traders out.$BTC