**Market Sentiment in Focus**

๐Ÿ“Š 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**
๐Ÿ’ช Despite flash crashes, Bitcoin's derivatives market has maintained long positions, indicating a bullish sentiment among traders.

**Ethereum Derivatives Turn Bearish**
๐Ÿ˜ 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.