$BTR the structure looks almost the same as yesterday.
Price is at 0.1523, up 394.49% over 2 days.
OI at 87.7% of mcap, close to yesterday's 91.7%. Futures at 19.7x spot, even more stretched than yesterday's 12.9x, spot support keeps thinning.
Funding at 0.0378%, flipped positive from yesterday's -0.08%, but trending down: 0.09 to 0.03.
L/S at 0.40, the crowd has drifted even further short than yesterday's 0.46-0.50 range. Top trader positions at 1.16, still opposite the crowd, though the gap has narrowed.
$7.48M liquidated in 24h, up gradually from $4.69M and $2.21M before.
There's a $439K liquidation cluster at 0.109. If price pulls back, that level could act as support.
The crowd is short and the squeeze mechanism is still running, but funding trending down could mean the pressure is easing a bit. The structure stays extremely fragile, worth watching whether funding keeps fading and which way OI moves next.
Price is at 0.1523, up 394.49% over 2 days.
OI at 87.7% of mcap, close to yesterday's 91.7%. Futures at 19.7x spot, even more stretched than yesterday's 12.9x, spot support keeps thinning.
Funding at 0.0378%, flipped positive from yesterday's -0.08%, but trending down: 0.09 to 0.03.
L/S at 0.40, the crowd has drifted even further short than yesterday's 0.46-0.50 range. Top trader positions at 1.16, still opposite the crowd, though the gap has narrowed.
$7.48M liquidated in 24h, up gradually from $4.69M and $2.21M before.
There's a $439K liquidation cluster at 0.109. If price pulls back, that level could act as support.
The crowd is short and the squeeze mechanism is still running, but funding trending down could mean the pressure is easing a bit. The structure stays extremely fragile, worth watching whether funding keeps fading and which way OI moves next.
