📰📰📰📰📰 Market Update: Potential Long Squeeze Incoming
We see that the Funding Rate has become positive again, and long positions (Longs) dominate above $90k. This creates a potential situation for a long squeeze, which may occur in the coming hours.
If you are in a long position and in profit, I recommend raising your stop-loss to secure profits in case of a sudden market reversal.
There is a sense of anxiety in the market right now: many traders are optimistic and expecting a rise, while bears are becoming increasingly nervous, fearing further price increases.
This week we expect more emotions!