$BTC short squeeze setup brewing.
Recent dump saw longs unwind while spot CVD held flat — classic deleveraging.
Today's different: both spot CVD and futures CVD dropping while open interest climbs. Late shorts piling in at the lows, getting overconfident.
If they keep hammering support this aggressively, we're due for another OI flush. Watch for the squeeze if price reclaims structure — shorts will scramble.
Setup: Rising OI + falling CVD = overcrowded short side. Invalidation if OI drops without a bounce.
Recent dump saw longs unwind while spot CVD held flat — classic deleveraging.
Today's different: both spot CVD and futures CVD dropping while open interest climbs. Late shorts piling in at the lows, getting overconfident.
If they keep hammering support this aggressively, we're due for another OI flush. Watch for the squeeze if price reclaims structure — shorts will scramble.
Setup: Rising OI + falling CVD = overcrowded short side. Invalidation if OI drops without a bounce.
