**Market Sentiment in Focus**
๐ The crypto market is a fascinating space where assets can exhibit vastly different behaviors. A recent example of this is the divergence between Bitcoin and Ethereum derivatives traders.
**Bitcoin Long Positions Prevail**
๐ช Despite flash crashes, Bitcoin's derivatives market has maintained long positions, indicating a bullish sentiment among traders.
**Ethereum Derivatives Turn Bearish**
๐ In contrast, Ethereum's derivatives market has turned bearish, with short positions emerging in response to recent market volatility.
**Derivatives Data Reveals**
Funding Rate data from Santiment shows that Bitcoin's rate remained positive after the cryptocurrency surged to $90,300 before crashing to $85,300.

