#binance #hype #zec #near
30/08/25 07:10 UTC-04

Bitcoin futures reflect bearish sentiment due to drop to $108,000

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Trading Bitcoin futures reflect bearish sentiment due to drop to $108,000

After an upward trend since April this year, Bitcoin (BTC) is ending August in the red. The flagship coin is experiencing selling pressure after a sharp surge in purchases upon reaching the $120,000 level.

This pressure has intensified somewhat over the past 24 hours. BTC fell more than 2% to a low of $108,570, triggering the liquidation of long positions worth around $113 million and calling into question a critical support level.

Short-term sentiment in the perpetual futures market is slightly bearish. The overall ratio of long to short positions on leading exchanges is 48.72% long and 51.28% short.

Important to note:

  • Binance shows a slight bearish bias, with 51.47% of traders holding short positions.
  • Gate.io is almost perfectly balanced, with 49.97% long and 50.03% short positions, indicating uncertainty.
  • Bybit shows the strongest bearish bias, as a clear majority of traders (52.38%) have short positions.

To understand the current market situation, it is important to analyze how derivative flows have shaped recent price trends. Data from November to August shows a clear correlation.

At the end of 2023, numerous instances of inflows exceeding $60 billion contributed to Bitcoin's rise to $90,000. From February to April 2025, these flows declined, reflecting balanced positioning as BTC consolidated. By June, steady inflows had resumed, supporting growth above $120,000. Then the current decline began.

The dynamics described confirm how strongly derivatives influence the spot price.

See also: "Why trading long ETH and short BTC matters"

#Bitcoin (BTC) #Futures #Analitycs

Editor: Alyona Nabok
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