Longs closing $BTC positions right now 👀
This is the kind of move that shows up before a dip or a fake-out pump. When leverage unwinds like this, it clears the board — either we get a flush or a relief bounce into thinner air.
Watch the funding rate and OI closely. If funding stays elevated while longs bail, that's your signal that the squeeze isn't done yet. If it drops with OI, we're resetting for the next leg.
Don't chase. Let the close happen, then read what's left standing.
This is the kind of move that shows up before a dip or a fake-out pump. When leverage unwinds like this, it clears the board — either we get a flush or a relief bounce into thinner air.
Watch the funding rate and OI closely. If funding stays elevated while longs bail, that's your signal that the squeeze isn't done yet. If it drops with OI, we're resetting for the next leg.
Don't chase. Let the close happen, then read what's left standing.
