One clean move and everything vanished in $ETH

Record-high of ETH shorts usually end one of two ways --- either total capitulation or the biggest short squeeze of the year. All eyes on the funding rates.

High leverage shows positioning, but it also raises the risk of sharp liquidations.

I see funding is too low and negative on bybit. You all know what does this means.

Time to go for bears hunting, healthy pullback will come after that.

I have seen this before, time to run it up again.