Bitcoin News Today: Bitcoin Bearish Bias Intensifies as Short Positions Dominate on Binance

Bitcoin traders on Binance exhibited a sharp bearish bias in late July 2025, marked by a significant drop in net taker volume into negative territory, hitting -$80 million [1]. This trend indicated more traders were selling than buying, with urgency driving much of the activity. Analyst Amr Taha from CryptoQuant noted that this pattern was largely driven by retail traders reacting to short-term price fluctuations and growing macroeconomic concerns [1]. Red clusters visible on July 25 and 27 highlighted intensified selling pressure during key market moments [1].

The bearish sentiment coincided with heightened uncertainty around U.S. economic data and the Federal Reserve’s upcoming interest rate decisions [1]. Smaller traders were not the only ones reacting—data from Whale Screener showed large holders depositing USDT and withdrawing Bitcoin, potentially preparing for or initiating purchases amid the selloff [1]. These contrasting moves created mixed signals for short-term price projections, with market participants divided on whether the price would continue to decline or stabilize and rebound [1].

Adding a different perspective, Anthony Pompliano, CEO of Professional Capital Management, publicly endorsed Bitcoin in an August CNBC interview, calling it the “king of Wall Street” and highlighting its role as a serious financial asset rather than just a speculative bet [1]. He noted that the U.S. dollar had lost about 30% of its purchasing power over the past five years and that the S&P 500 had declined more than 85% since 2020, underscoring Bitcoin’s relative resilience [1]. His comments contrasted with the bearish indicators seen on exchanges, introducing a nuanced view of the market.

Bitcoin’s performance in August has historically been mixed. In 2023, it lost over 11%, following a 14% drop in 2022. However, in 2021, it gained 14.8%. As of the end of July 2025, Bitcoin’s 30-day return was up 11.2%, with the price fluctuating between $116,037 and $118,839 [1]. Over the past six months, it had gained 12.9%, and 26.8% since the beginning of the year [1]. These figures contrast with the recent bearish behavior reflected in derivatives trading data, where the long-short ratio for BTC perpetual futures on Binance showed 51.28% of positions leaning short, and Bitcoin derivatives across platforms showed a 52.04% short bias as of July 31 [2].

Further reinforcing the bearish trend, Bitcoin tested the lower boundary of its 23-day consolidation range on July 18 [4]. The market also experienced $635 million in liquidations over 24 hours following the Fed’s rate decision, driven by falling altcoin prices and weak sentiment [5]. Binance, as the largest trading platform, reflected this bearish tone, with short positions dominating in late July [6].

While the short-term outlook remains uncertain, some observers argue that Bitcoin’s long-term narrative remains strong, particularly as a hedge against inflation and macroeconomic volatility [7]. Traders are advised to closely monitor key resistance and support levels, as well as shifts in open interest and trading volume. Analysts at Binance suggest that while overall volatility remains low, subtle trading behaviors are beginning to hint at potential near-term direction for Bitcoin [8].

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[1] https://coinmarketcap.com/community/articles/688cb7f0d03f85656c3e2dd6/

[2] https://www.ainvest.com/news/bitcoin-news-today-bitcoin-derivatives-show-52-04-short-bias-bearish-sentiment-dominates-major-exchanges-2508/

[3] https://www.binance.com/en/square/post/277149****3801

[4] https://www.binance.com/en/square/post/27704922563810

[5] https://www.fxleaders.com/news/2025/08/01/crypto-market-sheds-635m-in-liquidations-as-altcoins-drop-up-to-7/

[6] https://www.ainvest.com/news/bitcoin-news-today-bitcoin-futures-show-slight-bearish-bias-24-hour-long-short-ratios-2507/

[7] https://www.binance.com/en/square/post/27712937074002

[8] https://www.mitrade.com/au/insights/news/live-news/article-3-999586-20250731