$BTC Is Above $93k But The Smart Money Is Shorting The World.
The technical contradiction right now is deafening. $BTC has pushed past the key $93,000 level, yet the leveraged market is screaming pure skepticism. Funding rates across every major exchange—from centralized platforms to decentralized liquidity pools—are locked deep in negative territory. This isn't just a slight bearish lean; it signals aggressive short positioning. Perpetual traders are actively paying the premium to keep their shorts open, betting that this rebound is nothing more than a dead cat bounce. This extreme negative bias sets up a massive short squeeze scenario if the price holds, especially for assets with high open interest like $BNB. When everyone leans one way, the market tends to move violently the other. This is the definition of an unsustainable consensus.
This is not financial advice. Trade at your own risk.
#Bitcoin #Crypto #FundingRates #MarketAnalysis
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