• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
Bitcoin

Bitcoin Traders Still Lean Bearish: Shorts Outweigh Longs By 485 BTC

Keshav Verma
by Keshav Verma
2 weeks ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows the Bitcoin investors on derivatives exchanges still lean bearish toward the cryptocurrency even after the recent price recovery.

Bitcoin Short Positions Still Outweigh The Long Ones

In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin market sentiment is looking from the lens of the derivatives market right now. The indicator shared by Glassnode is the “Long/Short Bias,” which measures the net amount of positions that large traders have currently opened.

When the value of this indicator is positive, it means the long positions outnumber the short ones. Such a trend implies the majority of the traders hold a bullish sentiment. On the other hand, the metric being under the zero mark implies more BTC positions are betting on a bearish outcome for the cryptocurrency.

Related Reading: PayPal Expands PYUSD Stablecoin To 9 More Blockchains With LayerZero

Now, here is the chart shared by the analytics firm that shows the trend in the Bitcoin Long/Short Bias over the past month:

Bitcoin Long/Short Bias

The value of the metric appears to have been negative in recent weeks | Source: Glassnode on X

As displayed in the above graph, the Bitcoin Long/Short Bias has been negative for a while now, suggesting short positions have been the more dominant side of the market.

Interestingly, this hasn’t changed despite the price recovery that BTC has seen since the start of this month. At present, short positions still outweigh bullish bets by 485 BTC (worth around $56.2 million).

Historically, Bitcoin and other cryptocurrencies have tended to move in the direction that goes contrary to the crowd’s expectation, so the dominance of bearish sentiment in the derivatives market may not be such a bad thing.

In another X thread, Glassnode has discussed about some metrics related to the Bitcoin Options market. First of these is the Implied Volatility (IV), which measures the future volatility expectation of the Options traders.

In particular, the version of the metric that’s of interest here is the “At-The-Money” (ATM) one, which only shows this expectation for the traders with a strike price close to the current BTC spot value.

Below is a chart that shows the trend in this indicator across the major tenors for Bitcoin over the last few weeks.

Bitcoin ATM IV

Looks like the 1 week IV has seen the most change recently | Source: Glassnode on X

From the graph, it’s apparent that the 1-week Bitcoin ATM IV rose ahead of the Federal Open Market Committee (FOMC) meeting, but then plunged after the Fed announced its decision. Longer expiry timeframes displayed no particular reaction to the event.

Related Reading: Crypto OI Shows Mixed Trend: Bitcoin, Solana Down, While Ethereum, XRP Up

Another gauge for Options market volatility expectations is the IV Index (DVOL), which aggregates the IV across strike prices and tenors.

Bitcoin DVOL

The trend in the BTC DVOL over the last few weeks | Source: Glassnode on X

“Post-FOMC, DVOL dropped back, confirming the market is not pricing any sharp move in the near term,” notes Glassnode.

BTC Price

Bitcoin made recovery toward $117,900 earlier, but it seems the coin has faced a retrace as its price has dropped back to $116,000.

Bitcoin Price Chart

The price of the coin seems to have moved flat over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Keshav Verma

Keshav Verma

Follow

Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

Full Profile

Related Posts

Bitcoin 4-Year Cycle Marks A Turning Point: Analyst Explains Why This Time Is Different

Bitcoin 4-Year Cycle Marks A Turning Point: Analyst Explains Why This Time Is Different

15 minutes ago
Bitcoin

Bitcoin Foundation Has Changed: Cycle 4 Is Redefining Long-Term Market Trend – Here’s How

6 hours ago
Luxembourg Bets On Bitcoin As Sovereign Fund Adds 1% Exposure To BTC ETFs

Luxembourg Bets On Bitcoin As Sovereign Fund Adds 1% Exposure To BTC ETFs

14 hours ago
加密市場即時新聞:Bitwise低費ETF領漲、基金流入創59.5億美元新高(10月10日)

加密市場即時新聞:Bitwise低費ETF領漲、基金流入創59.5億美元新高(10月10日)

7 hours ago
Long-Term Holders Sell 295K Bitcoin In 30 Days: Demand Keeps The Market Stable

Long-Term Holders Sell 295K Bitcoin In 30 Days: Demand Keeps The Market Stable

21 hours ago
Bitcoin

Crypto Wealth Boom: Bitcoin’s Latest Surge Adds Thousands To The Millionaire Club – See How Much

1 day ago

Premium Sponsors

Press Releases

  • BNB

    ChatGPT предвижда BNB да достигне $2,500...

    13 hours ago
  • Maxi Doge นักสู้เหรียญมีมยืนโพสท่าในสังเวียนมวย

    Binance-Peg DOGE นำโด่ง Top 11...

    2 days ago
  • Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s $22M Presale—Plus, Our $HYPER Price Prediction.

    Find Out Why Whales are Rushing to Buy Bitcoin Hyper’s...

    2 days ago
  • ...

    3 days ago
  • Your Chance to Win Up to 10% Deposit Bonus and Up to 21K $USDT Bonus Prizes at KCEX

    Your Chance to Win Up to 10% Deposit Bonus and Up to 21K...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.