BMT MAY SQUEEZE ONE MORE TIME — AND THAT COULD GIVE US THE BETTER SHORT
We’ve seen this pattern before with $BMT and later with $ONG :
the short looks obvious → funding turns extremely negative → shorts pile in → price squeezes higher → then the real mean reversion begins.
BMT is now extremely extended, but funding is around -11%, which changes the immediate plan.
That level of negative funding means the market is heavily tilted short.
So instead of fighting the squeeze, we’re expanding our entry zone.
OUR UPDATED PLAN
🟧 SHORT WATCH: 0.027 → 0.0300
Not one blind entry.
We want rejection, weakening momentum and Smart Money / whales continuing to sell into strength.
If BMT squeezes toward 0.029–0.030, that could actually give us a much better risk/reward entry than shorting too early.
🟢 TP1: 0.0265
🟢 TP2: 0.0248
🟢 TP3: 0.0235–0.0238
🟢 DEEP MEAN REVERSION: 0.0215 → 0.0200 → 0.0180
🔴 INVALIDATION: acceptance above 0.031–0.032 with OI still expanding
The setup is attractive.
But extremely negative funding tells us something important:
THE CROWD IS ALREADY SHORT.
And when everyone sees the same trade, the market often squeezes them first.
So we wait.
LET THE SQUEEZE GIVE US THE ENTRY — THEN TRADE THE DRAIN.
$ONG $BTC
We’ve seen this pattern before with $BMT and later with $ONG :
the short looks obvious → funding turns extremely negative → shorts pile in → price squeezes higher → then the real mean reversion begins.
BMT is now extremely extended, but funding is around -11%, which changes the immediate plan.
That level of negative funding means the market is heavily tilted short.
So instead of fighting the squeeze, we’re expanding our entry zone.
OUR UPDATED PLAN
🟧 SHORT WATCH: 0.027 → 0.0300
Not one blind entry.
We want rejection, weakening momentum and Smart Money / whales continuing to sell into strength.
If BMT squeezes toward 0.029–0.030, that could actually give us a much better risk/reward entry than shorting too early.
🟢 TP1: 0.0265
🟢 TP2: 0.0248
🟢 TP3: 0.0235–0.0238
🟢 DEEP MEAN REVERSION: 0.0215 → 0.0200 → 0.0180
🔴 INVALIDATION: acceptance above 0.031–0.032 with OI still expanding
The setup is attractive.
But extremely negative funding tells us something important:
THE CROWD IS ALREADY SHORT.
And when everyone sees the same trade, the market often squeezes them first.
So we wait.
LET THE SQUEEZE GIVE US THE ENTRY — THEN TRADE THE DRAIN.
$ONG $BTC
