🐋 $BTW 15-minute plunge of 4.18%, with 24h trading volume of $260 million.
I usually check exchange fund inflows and outflows, as well as changes in whale addresses—it gives me another perspective beyond just looking at the candlestick chart.
After a drop, if funding rates turn negative and become increasingly extreme, it means shorts are getting more crowded, so you should actually watch out for a short squeeze.
I usually check exchange fund inflows and outflows, as well as changes in whale addresses—it gives me another perspective beyond just looking at the candlestick chart.
After a drop, if funding rates turn negative and become increasingly extreme, it means shorts are getting more crowded, so you should actually watch out for a short squeeze.