$BTC
๐จ Is Bitcoin at risk of a Long Squeeze?
๐ A drop in open interest means part of the leverage is leaving the market, but rising funding for Long trades suggests that the remaining traders are still betting on Bitcoinโs rise.
โ ๏ธ The problem starts if the price falls: leveraged buy positions may be forced to close and get liquidated, increasing selling pressure and leading to a Long Squeeze.
๐ Holding above $79,700 is important, while a drop below $77Kโ$78K may increase liquidation risk and accelerate the decline.
Summary: Higher Long funding combined with a falling price can create strong pressure on leveraged buyers.
โ ๏ธ For discussion only, not a recommendation#BTC
๐จ Is Bitcoin at risk of a Long Squeeze?
๐ A drop in open interest means part of the leverage is leaving the market, but rising funding for Long trades suggests that the remaining traders are still betting on Bitcoinโs rise.
โ ๏ธ The problem starts if the price falls: leveraged buy positions may be forced to close and get liquidated, increasing selling pressure and leading to a Long Squeeze.
๐ Holding above $79,700 is important, while a drop below $77Kโ$78K may increase liquidation risk and accelerate the decline.
Summary: Higher Long funding combined with a falling price can create strong pressure on leveraged buyers.
โ ๏ธ For discussion only, not a recommendation#BTC