Long and Short Position Ratios for BTC Perpetual Futures In the past 24 hours, the combined long and short position ratios for BTC perpetual futures on major exchanges were: Long: 50.92% Short: 49.08% Exchange-Specific Ratios Binance: Long: 51.52% Short: 48.48% OKX: Long: 51.17% Short: 48.83% dYdX: Long: 50.77% * Short: 49.23% These ratios indicate that the market is slightly bullish, with more traders holding long positions than short positions. However, the gap between long and short positions is narrow, suggesting that the market is still relatively balanced. Implications for Traders Traders should monitor these ratios to gauge market sentiment and make informed trading decisions. A higher long/short ratio indicates that the market is trending upwards, while a lower ratio suggests a downward trend. By understanding the long and short position ratios, traders can identify potential trading opportunities and manage their risk accordingly.