Market intelligence platform Alphractal has released a fresh deep dive into how current trading positions are shaping price dynamics across the crypto space.
The report highlights an intense tug-of-war between bullish and bearish sentiment, with neither side yet gaining decisive control.
At the heart of the analysis is the real-time Long/Short ratio—an essential metric that tracks whether traders are predominantly buying (long) or selling (short) across major exchanges. Alphractal portrays the market as being locked in what it calls an “ongoing war,” with both sides exerting competing pressures.
A standout detail in the report is the unusually negative funding rate for the token MAGIC, which suggests that despite strong bullish positioning, traders are being heavily penalized for holding longs—often a sign of a crowded trade with rising downside risk.
Among the top 100 coins, Bitcoin, Ethereum, Binance Coin, and XRP are showing mild support for a bullish narrative, while others like FET, MOVE, and OM appear to be facing mounting short interest based on their funding rate trends.
Bitcoin, in particular, is currently sitting in favorable territory—longs are climbing alongside the price, reinforcing a bullish setup. On the other hand, tokens such as TRX and TON are seeing an uptick in short activity as their prices decline, signaling bearish momentum.
However, the broader market remains complicated. Some assets are falling despite long interest rising, and others are climbing while short positions build. According to Alphractal, these mixed signals point to growing market uncertainty and underscore the importance of strategy and caution in the weeks ahead.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bulls-vs-bears-new-data-reveals-deep-division-in-crypto-market/