With all eyes on the Bitcoin and cryptocurrency markets focused on today's Non-Farm Employment data from the USA, Bitcoin ETF inflows are hitting new records.

In addition to the ETF milestones, another record has been set for Bitcoin. Bitcoin open positions have peaked at $37 billion, marking a new high in BTC futures positions.

These consecutive records for Bitcoin suggest positive market sentiment and expectations that BTC may reach new all-time highs in the coming weeks.

According to Coinglass data, more than $5 billion in open positions have been added to Bitcoin since Monday, with the BTC price rising from $68,500 to $71,000 during this period.

The traditional finance giant Chicago Mercantile Exchange (CME) held $11 billion of the $37.7 billion in open positions, followed by the leading cryptocurrency exchange Binance with $8 billion.

Analyzing the Long-Short position ratio, the data shows an increase from 0.94 on Thursday to over 1 on Friday.

A ratio above 1 means that long positions outnumber short positions, indicating positive market sentiment towards Bitcoin. Conversely, a ratio below 1 indicates significant negative sentiment towards Bitcoin.

Many analysts expect BTC to rise further in the coming weeks. Based on this ratio, Ruslan Lienka, senior manager at the cryptocurrency exchange YouHodler, stated that new all-time highs (ATHs) might be seen in BTC. #BTC #bitcoin #Bitcoin❗ #Cryptocurrencies #altcoin