While Bitcoin (BTC) has remained range-bound – trading between $100,000 and $110,000 for about a month – both short and long positions have been building within this range, with short positions rising at a faster pace.
Bitcoin Long Positions Slightly Ahead But Shorts Catching Up
After reaching a new all-time high (ATH) of $111,814 last month, BTC has consolidated within the $100,000–$110,000 range for nearly a month, offering little clarity on its next directional move.
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According to a new CryptoQuant Quicktake post by contributor BorisVest, fresh data from Binance crypto exchange suggests that long positions currently hold a slight edge in this range.
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