Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short lever
Technical Analysis
Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing? As Bitcoin dipped to $60,000, short positions surged, now facing a potential funding rate-driven short squeeze. This could reverse price momentum. Professionals should watch funding rates and short positions closely.
Key Points
Bitcoin bears piled into short positions as BTC price slid to $60,000.
- Will the $2.6 billion in short lever
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