How to Short? Why is There More Fluctuation at the Top?

Currently, the price of Bitcoin has been at a high level for a long time and has experienced significant fluctuations up and down. But there is no doubt that a top has already formed.

The recent characteristics of all the upward movements have been rapid rises followed by declines, repeatedly seizing liquidity. In order to trigger high leverage shorts above, the funding rate for long positions continues to rise, the greed index remains high, yet the price shows fluctuations without significant increases. Undoubtedly, a phase top has already formed.

Spot sellers are offloading in bulk through short liquidity, while at the same time, small contract buy orders are increasing.

Don't FOMO, all longs will be liquidated this week. #DeSci热度上涨