**Market Sentiment Shifts Amid Volatility**
Bitcoin traders are holding onto their long positions š despite recent market fluctuations. This is in contrast to Ethereum derivatives traders who have turned bearish.
The divergence is notable as Bitcoin maintained a bullish sentiment even after flash crashes, while Ethereum's derivatives market took a downturn.
What's Behind the Divergence?
Derivatives data from Santiment reveals that Bitcoin's Funding Rate remained positive after the cryptocurrency rallied to $90,300 before crashing to $85,300.
