Attempting to short $BSP at these levels is pure financial suicide.
19 long whales control $560.80K of the total volume with a dominant 94.73% win rate and $18.2K in unrealized profit from an entry average of 52.75. Meanwhile, 19 short whales hold a tiny $21.38K position size, sitting trapped in loss. To make matters even worse for bears, the funding rate is heavily negative at -0.1639%, constantly bleeding short holders while the Notional Long/Short ratio explodes at an insane 2,622.34%.
I am aligning strictly with smart money momentum. I am entering a long position right now to capitalize on the ongoing short squeeze.
My Trade Setup:
• Entry: 53.80 - 54.80
• Take Profit 1: 62.00
• Take Profit 2: 71.50
• Stop Loss: 49.50
Are you going to pay negative funding fees with the trapped bears or squeeze higher with the long whales?
19 long whales control $560.80K of the total volume with a dominant 94.73% win rate and $18.2K in unrealized profit from an entry average of 52.75. Meanwhile, 19 short whales hold a tiny $21.38K position size, sitting trapped in loss. To make matters even worse for bears, the funding rate is heavily negative at -0.1639%, constantly bleeding short holders while the Notional Long/Short ratio explodes at an insane 2,622.34%.
I am aligning strictly with smart money momentum. I am entering a long position right now to capitalize on the ongoing short squeeze.
My Trade Setup:
• Entry: 53.80 - 54.80
• Take Profit 1: 62.00
• Take Profit 2: 71.50
• Stop Loss: 49.50
Are you going to pay negative funding fees with the trapped bears or squeeze higher with the long whales?