Bitcoin's 15-minute long/short ratios reveal a predominant short position across major exchanges. On Binance, the ratio stands at 44.74% long to 55.26% short, while OKX shows 41.36% long to 58.64% short. Bybit and KuCoin report even higher short positions at 70.32% and 67.87%, respectively. Other exchanges like Bitget and Hyperliquid also reflect significant short interest, with ratios of 31.98% long to 68.02% short and 23.80% long to 76.20% short. In contrast, BingX shows a notable long position at 74.67% long to 25.33% short. These figures indicate a cautious sentiment among traders, with many betting against Bitcoin's short-term price movements.