Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative
July 15, 2025 · 5:00 PM
Bitcoin has experienced a pullback of over 5% after reaching a new all-time high of $123,000 earlier this week, with the $117,000 support level becoming crucial for maintaining its bullish trend. While the overall market remains positive, short-term sentiment has shifted to a more bearish outlook, as indicated by increasing short positions in Bitcoin futures and a decline in long-to-short ratios. Analysts highlight a significant change in trader sentiment following the peak, with many now cautious.
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