📈 Investors are expecting a quick rebound in $BTC



Last week, the long-to-short ratio for the leading cryptocurrency on Binance exceeded 3.8, the highest level in more than three years.

The peak value of 3.99 was recorded on November 21st, and it currently stands at around 2.2.

Of course, this metric doesn't reflect position sizes, but it does at least indicate direction, which speaks to traders' positive sentiment, as a reading above 1 indicates a predominance of long positions.

The market situation has stabilized somewhat. Currently, we are seeing positive market momentum, with $BTC reaching the important $90,000 mark, and the altcoin following suit.

The Fear and Greed Index has risen to around 18 points, and investor sentiment has improved slightly.

Of course, we still have risks of a further collapse if BTC fails to hold this area, but the current dynamics are already positive.
BTC-0.58%
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