đ Squeeze watch. BTW Is Back?
$BIRB shorts are still paying around 6.6% a day, even after an 83% pump. Theyâre still holding on despite the rising price.
Meanwhile, $IRYS is showing the opposite setup.
Longs are paying around 6.5% a day, and open interest has doubled in just 4 hours.
One side is betting against the rally. The other is piling into the long side.
Both setups are getting crowded, and thatâs where things can get interesting.
⥠Which side gets squeezed first â BIRB shorts or IRYS longs?
Watching the data, not making predictions.
NFA.
$BIRB shorts are still paying around 6.6% a day, even after an 83% pump. Theyâre still holding on despite the rising price.
Meanwhile, $IRYS is showing the opposite setup.
Longs are paying around 6.5% a day, and open interest has doubled in just 4 hours.
One side is betting against the rally. The other is piling into the long side.
Both setups are getting crowded, and thatâs where things can get interesting.
⥠Which side gets squeezed first â BIRB shorts or IRYS longs?
Watching the data, not making predictions.
NFA.