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Bitcoin Futures Long/Short Ratios Tilt Mildly Bearish on Major Exchanges

Bitcoin perpetual futures long/short ratios have shifted to a slight bearish tilt on April 17, with aggregates at 49.14% long vs. 50.86% short across Binance (49.52% long), OKX (50.98% long), and Bybit (48.46% long). The trend started bearish on April 13 (48.55% long overall), neutralized on April 15 (50.04% long amid high open interest), and briefly turned mildly bullish on April 16 (50.17% long, Bybit at 52.64%). Neutral funding rates and balanced positioning signal market consolidation and low conviction, priming for volatility on catalysts like ETF flows or DXY moves.

Category

Bitcoin

Sentiment

Bearish

Event

Market data

Reading time

1 min