ARE BITCOIN TRADERS LOSING HOPE? TOP TRADERS METRIC HITS TWO-WEEK LOW

The volatile world of Bitcoin never ceases to deliver surprises. Bitcoin briefly flirted with the $72,000 resistance on June 7, but its intraday gains quickly evaporated, sending the cryptocurrency down to $69,000. More concerningly, two indicators, including exchanges top traders long-to-short metric, suggest that Bitcoin BTCUSD investors are becoming less optimistic. Is the Bitcoin bull market overJust when optimism peaked with a brief flirtation above $72,000 on June 7th, the digital gold swiftly retreated, plummeting back to the $69,000 mark.This price action, however, is just the tip of the iceberg. Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk? Continue reading Are Bitcoin traders losing hope? Top traders' metric hits two-week loBeneath the surface, worrying trends are emerging, suggesting a shift in market sentiment.Several key indicators, most notably the long-to-short ratio among top traders on major exchanges, are flashing warning signs. Bitcoin s market dynamics could be taking a drastic turnaround as several key metrics display a negative trend. These metrics waning performance in conjunction with recent price fluctuations raises the risk of BTC witnessing a further decline to key support levels.This metric, which reflects the balance between bullish and bearish positions, has hit a two-week low, hinting that even seasoned Bitcoin veterans are losing confidence in the current market trajectory. 66. [email protected] Start Living with Crypto in Thailand! Legal and Safe!The question now is: are these signals a temporary blip, or are they indicative of a deeper correction on the horizon? Top traders BTC long-to-short ratio. Source: Coinglass. バイナンスでは、現在のロング・ショート比率は1.35であり、5月31日の1.58から低下している。同様に、OKXのトップトレーダーも5月31日と比較して強気ではなくなり、ロング・ショート比率は1.79から1.22に低下した。Is the Bitcoin bull market truly over, or just taking a breather? Bitcoin briefly flirted with the $72,000 resistance on June 7, but its intraday gains quickly evaporated, sending the cryptocurrency down to $69,000. MoreThis article delves into the nuances of these metrics, exploring what they mean for the future of Bitcoin and providing insights for navigating these uncertain times.We'll analyze the data, examine potential support levels, and offer actionable advice for both seasoned and novice crypto investors.

Decoding the Top Traders' Long-to-Short Ratio

The long-to-short ratio is a critical indicator for gauging market sentiment, particularly in the highly leveraged world of cryptocurrency derivatives.It essentially measures the proportion of traders betting on Bitcoin's price going up (long positions) versus those betting on it going down (short positions). Bitcoin formed a new record high this week despite the highest ratio of short positions since September 2025. The rise in short positions indicate that traders are not buying into the bullishA high ratio indicates strong bullish sentiment, while a low ratio suggests increasing bearishness.

The recent decline in this metric, as highlighted by Coinglass data, is particularly concerning. Get the latest Nigeria, Africa, and World news and updates directly to your inbox.For example, on Binance, the long-to-short ratio has fallen from 1.58 on May 31st to 1.35 recently. Bitcoin derivatives markets show less appetite for bullish positions. Are Bitcoin traders losing hope? Top traders metric hits two-week low My Top CryptoSimilarly, on OKX, the ratio dropped from 1.79 to 1.22 over the same period. Bitcoin hits 2-week low on US inflation data When will BTC price bounce? Bitcoin traders stress importance of $26,800. Top 100 2025 ; Top 100 2025 ; Top 100 2025 ;These figures demonstrate a tangible decrease in optimism among top traders, who are often considered to be the most informed and strategic players in the market.

Why is this metric so important?

Understanding the long-to-short ratio is crucial for several reasons:

• Market Sentiment: It provides a real-time snapshot of how experienced traders perceive the current market conditions.
• Potential Reversals: A sudden shift in the ratio can signal an upcoming price reversal, as traders reposition themselves based on new information or changing market dynamics.
• Risk Management: Monitoring this ratio can help investors assess the overall risk level in the market and adjust their positions accordingly.

A declining long-to-short ratio doesn't necessarily guarantee a price crash, but it does warrant caution.It suggests that a growing number of traders are anticipating a price decrease, which could lead to increased selling pressure and further downward movement.

Bitcoin's Price Action: A Fight at $72,000

Bitcoin's recent price action has been anything but smooth.The cryptocurrency attempted to breach the $72,000 resistance level on June 7th, but this effort proved futile.The intraday gains quickly evaporated, resulting in a drop back to around $69,000. Tangem introduces Visa-integrated crypto wallet for secure payments. JThis failure to sustain momentum above $72,000 has further fueled concerns about the strength of the current bull run.

The inability to break through key resistance levels is often interpreted as a sign of weakness in the market.It suggests that there is significant selling pressure at those levels, preventing Bitcoin from achieving sustained upward movement.In this case, the $72,000 level appears to be a major hurdle that Bitcoin needs to overcome to regain bullish momentum.

Key Support Levels to Watch

Given the recent price volatility, it's crucial to identify key support levels that could provide a cushion in case of further declines.Some potential support levels include:

• $68,000 - $69,000: This range has acted as a support area in the recent past.A break below this level could signal further downside potential.
• 50-day Simple Moving Average (SMA): Bitcoin recently bounced off the 50-day SMA, making it another significant level to monitor.
• $60,000 - $62,000: This is a more substantial support zone that could provide stronger support if the above levels are breached.

It's important to remember that support levels are not guaranteed to hold.However, they can provide areas of potential buying interest that could slow down or reverse a downward trend.Traders often use these levels to set stop-loss orders or to identify potential entry points for long positions.

Derivatives Market Signaling Less Bullish Appetite

Beyond the spot market, the Bitcoin derivatives market also paints a concerning picture. Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk? Buy Crypto ; Markets ; Trade . Convert . Convert any coin with 0% fees.Derivatives, such as futures and options, allow traders to speculate on the future price of Bitcoin with leverage.These instruments are widely used by both institutional and retail investors, and their activity can provide valuable insights into market sentiment.

The data indicates a diminishing appetite for bullish positions in the Bitcoin derivatives market.This is reflected in several factors:

• Decreasing Open Interest in Long Positions: Open interest refers to the total number of outstanding futures or options contracts. Bitcoin is currently trading at more than $93,000 at the time of writing, despite the fact that the world's leading cryptocurrency plummeted over 9% in the past week. We need to remember bitcoinA decrease in open interest in long positions suggests that fewer traders are willing to bet on Bitcoin's price going up.
• Increasing Short Positions: As mentioned earlier, the rising number of short positions indicates that more traders are anticipating a price decline.This trend is particularly pronounced among top traders, as reflected in the declining long-to-short ratio.
• Falling Funding Rates: Funding rates are periodic payments made between traders in the perpetual futures market. Top traders metric hits two-week low UTCPositive funding rates indicate that long positions are paying short positions, suggesting bullish sentiment.Conversely, negative funding rates suggest bearish sentiment. Top traders metric hits two-week low cointelegraph.com, UTC cointelegraph.comRecent data shows a trend toward falling funding rates, indicating a weakening of bullish sentiment.

Collectively, these indicators suggest that the derivatives market is becoming less optimistic about Bitcoin's near-term prospects.This could put further pressure on the spot market, potentially leading to further price declines.

The $49,248 Question: Retesting the August Low?

One of the most concerning scenarios being discussed among traders is the possibility of Bitcoin retesting the $49,248 low from August 5th.While this may seem like a distant possibility, the combination of negative market sentiment, declining derivatives activity, and the failure to break through key resistance levels has raised concerns about such a scenario.

Several factors could contribute to a potential retest of the $49,248 low:

• Broader Market Correction: A significant correction in the broader financial markets could trigger a sell-off in Bitcoin, leading to a sharp price decline.
• Increased Regulatory Scrutiny: Increased regulatory scrutiny of the cryptocurrency industry could also weigh on Bitcoin's price.
• Black Swan Event: An unexpected event, such as a major security breach or a significant regulatory crackdown, could trigger a panic sell-off and drive Bitcoin's price lower.

While a retest of the $49,248 low is not guaranteed, it's a scenario that traders should be aware of.It's crucial to have a risk management plan in place to protect against significant losses in case of such an event.

Is the Bitcoin Bull Market Over?

The million-dollar question, of course, is whether the current situation signals the end of the Bitcoin bull market.While it's impossible to predict the future with certainty, the recent data suggests that the market is at a crucial juncture.The waning performance of key metrics, coupled with recent price fluctuations, raises the risk of BTC witnessing a further decline to key support levels.

It is important to remember that Bitcoin has experienced numerous corrections throughout its history.These corrections are often followed by periods of renewed growth.Therefore, the current situation could simply be a temporary pullback before another leg up.

However, it's also possible that the current bull market is nearing its end. Bitcoin (BTC) Finds Support at $86,000 after Volatile Week. Bitcoin s price has experienced significant volatility over the past week, influenced by various economic and political developments. As of Saturday, Bitcoin is trading at approximately $86,000, reflecting a 7% decline from its peak earlier in the week.The factors mentioned above, such as decreasing long-to-short ratios, diminishing appetite for bullish positions in the derivatives market, and the potential for a broader market correction, could all contribute to a more prolonged period of consolidation or even a bear market.

Strategies for Navigating Uncertainty

In times of market uncertainty, it's crucial to adopt a cautious and strategic approach. Bitcoin briefly flirted with the $72,000 resistance on June 7, but its intraday gains quickly evaporated, sending the cryptocurrency down to $69,000. More concerningly, two indicators, including exchanges top traders long-to-short metric, suggest that Bitcoin investors are becoming less optimistic.Here are some actionable tips for navigating the current situation:

• Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your investments across different asset classes to reduce risk.
• Manage Your Risk: Use stop-loss orders to limit potential losses.Avoid over-leveraging your positions.
• Do Your Research: Stay informed about the latest market developments.Don't rely solely on social media or hype.
• Consider Dollar-Cost Averaging (DCA): DCA involves investing a fixed amount of money at regular intervals, regardless of the price.This can help to smooth out your returns over time and reduce the impact of short-term volatility.
• Long-Term Perspective: Remember that Bitcoin is a long-term investment. Top traders BTC long-to-short ratio. ที่มา: Coinglass. สำหรับตลาด Binance นั้น อัตราส่วน long-to-short ปัจจุบันอยู่ที่ 1.35 แสดงถึงมุมมองที่ไม่ค่อยดีนักเมื่อเทียบกับหนึ่งสัปดาห์ก่อนเมื่อDon't panic sell during short-term price dips.

Tangem's Visa-Integrated Crypto Wallet: A Step Towards Mainstream Adoption

While market sentiment may be wavering, innovation in the cryptocurrency space continues unabated. Bitcoin All-Time High Chart Explained. This chart shows Bitcoin's price history. The red dots indicate when the Bitcoin price made all-time highs. At the top of the page, we have also displayed the most recent Bitcoin all-time high, and the date on which it occurred.One notable development is Tangem's introduction of a Visa-integrated crypto wallet for secure payments.This initiative represents a significant step towards mainstream adoption, making it easier for individuals to use cryptocurrencies for everyday transactions.

This Visa-integrated wallet can lower the barrier to entry for new crypto users.Easy secure transactions may lead to greater crypto participation.

Conclusion: Navigating the Bitcoin Crossroads

The recent price action and declining sentiment among top traders suggest that Bitcoin is at a critical juncture. The top crypto bounced off the 50-day Simple Moving Average (SMA) but is down 3%, trading at $101,800 at the time of publication. BTC/USDT daily chart The decline quickly triggered $337.27 millionWhile the possibility of further declines cannot be ruled out, it's important to remember that Bitcoin has weathered many storms in the past.The future trajectory of Bitcoin will depend on a complex interplay of factors, including market sentiment, macroeconomic conditions, and regulatory developments.

As an investor, it's crucial to remain informed, manage your risk, and adopt a long-term perspective.Don't let fear or greed drive your decisions.Instead, base your investment strategy on sound research and a clear understanding of your own risk tolerance.The top traders metric hitting a two-week low doesn't necessarily mean the end of Bitcoin, but it does serve as a valuable reminder that the market is constantly evolving, and it's crucial to adapt to survive. Top Traders of Derivatives. Top 50 Derivatives traders based on highest PnL, ranked at regular intervals. Weekly . Bi-Weekly . Monthly . Last Updated on:Always remember to Do Your Own Research (DYOR) before making any investment decisions.Consider consulting with a financial advisor for personalized advice.