$BTC
CVD vs open interest tells the story: aggressive leveraged shorts are pushing price down today.
Spot CVD hasn't dropped — spot demand is neutral to slightly positive.
When shorts pile in while spot holds or bids, they're setting up for a squeeze. If spot doesn't flip to selling, these shorts get flushed.
Expect a washout soon unless spot joins the sell side.
CVD vs open interest tells the story: aggressive leveraged shorts are pushing price down today.
Spot CVD hasn't dropped — spot demand is neutral to slightly positive.
When shorts pile in while spot holds or bids, they're setting up for a squeeze. If spot doesn't flip to selling, these shorts get flushed.
Expect a washout soon unless spot joins the sell side.