đš MET UP 51% WHILE SHORTS BLEED? đ
$MET just ripped 50.9% in 24 hours to $0.4783 on $28.7M spot volume, one of today's top gainers across the board.
Here is the wild part: over on Hyperliquid, perp funding for MET sits at roughly -752% annualized. That means shorts are paying longs a heavy premium just to keep their positions open, while price keeps grinding higher. Textbook squeeze setup, price climbing straight into a wall of bearish bets.
And sentiment is hot again: the fear and greed index reads 64 (Greed), cooling slightly from 71 yesterday.
Does the squeeze keep squeezing until shorts tap out, or does this end the way these setups usually do?
Not financial advice. DYOR.
#crypto #altcoins #BinanceLaunchesBinanceIntelligence
$MET just ripped 50.9% in 24 hours to $0.4783 on $28.7M spot volume, one of today's top gainers across the board.
Here is the wild part: over on Hyperliquid, perp funding for MET sits at roughly -752% annualized. That means shorts are paying longs a heavy premium just to keep their positions open, while price keeps grinding higher. Textbook squeeze setup, price climbing straight into a wall of bearish bets.
And sentiment is hot again: the fear and greed index reads 64 (Greed), cooling slightly from 71 yesterday.
Does the squeeze keep squeezing until shorts tap out, or does this end the way these setups usually do?
Not financial advice. DYOR.
#crypto #altcoins #BinanceLaunchesBinanceIntelligence