⚡ Momentum: Funding has turned negative — and leverage is unwinding
$BTC $ETH Last night wasn’t an ordinary dip — it was a second liquidation wave in 48 hours:
• Total liquidations reached $2.02 billion in 24 hours — 86.7 percent were long positions, and 318,349 traders were liquidated
• $774 million in Bitcoin and $488 million in Ethereum were liquidated — longs took the hit
• Bitcoin open interest stands at $42.79 billion — down 8.94 percent in 24 hours — meaning the market is unwinding leverage, not building it
But there’s a cooling signal:
• Funding turned negative on OKX — shorts are now paying, after a full week of longs paying
• The Fear and Greed Index is at 10 — extreme fear — and total market capitalization is $2.23 trillion, down 5 percent
• Bitcoin dominance is 58.61 percent — money is fleeing other coins for Bitcoin
What does all this mean? Forced selling is easing, and leverage is unwinding — but without new buyers, a lull alone won’t trigger a rebound. $65,000 is the test.
Quick question: Will the bounce from 61,970 continue, or will it break down again? Write “continue” or “break down.”
Source: CoinGlass, Kingfisher, CoinGecko — November 15, 2026
#Bitcoin #Crypto
$BTC $ETH Last night wasn’t an ordinary dip — it was a second liquidation wave in 48 hours:
• Total liquidations reached $2.02 billion in 24 hours — 86.7 percent were long positions, and 318,349 traders were liquidated
• $774 million in Bitcoin and $488 million in Ethereum were liquidated — longs took the hit
• Bitcoin open interest stands at $42.79 billion — down 8.94 percent in 24 hours — meaning the market is unwinding leverage, not building it
But there’s a cooling signal:
• Funding turned negative on OKX — shorts are now paying, after a full week of longs paying
• The Fear and Greed Index is at 10 — extreme fear — and total market capitalization is $2.23 trillion, down 5 percent
• Bitcoin dominance is 58.61 percent — money is fleeing other coins for Bitcoin
What does all this mean? Forced selling is easing, and leverage is unwinding — but without new buyers, a lull alone won’t trigger a rebound. $65,000 is the test.
Quick question: Will the bounce from 61,970 continue, or will it break down again? Write “continue” or “break down.”
Source: CoinGlass, Kingfisher, CoinGecko — November 15, 2026
#Bitcoin #Crypto
