In the past 24 hours, Bitcoin's open interest (OI) reached approximately $74.46 billion, while Ethereum's stood at $32.55 billion. Despite significant overall positions, new leverage remains limited, indicating active existing positions. The long-short ratio reveals a bearish sentiment for Bitcoin with a ratio of 0.93, whereas Ethereum shows a strong bullish sentiment with a ratio between 2.55 and 2.59. Notably, on major exchanges, Ethereum displays a pattern of retail long positions against large holder shorts, with a dominant long position in terms of account numbers. Additionally, Bitcoin's funding rate increased significantly by 0.003516% over the last 24 hours, suggesting a potential risk of a price correction if the rate continues to rise. This data highlights the contrasting market dynamics between Bitcoin and Ethereum, with Ethereum showing a more pronounced bullish outlook.