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The shorts of #数字资产市场观察 may really be in trouble this time.
The data from the last 4 hours is quite interesting: short positions liquidated for 2.47 million dollars, which is 4.7 times that of long positions. Even more outrageous is the funding rate—if you open a short position of 10,000 U, you have to pay 32.6 U in funding fees every hour. What about a position of 50,000 U? That's 160 U per hour, nearly 3,000 U in a day.
What does this mean? Short positions are paying the bulls with real money.
Let's look at a few key signals again:
Short positions account for 50.6%, looking evenly matched? But every time the price rises, these short positions turn into passive buying. Their stop losses and liquidations are essentially helping to push the price up. A single-day increase of 21.7% has already made this logic very clear.
The RSI is now at 60.1, still in a healthy range, not yet at overbought levels. From a technical perspective, the upward structure is complete, and the key platform has broken through with increased volume.
If you want to participate, you can pay attention to two positions:
Pull back to the range of $0.22255-$0.23000, which is a relatively stable layout; if it strongly breaks through the previous high of $0.25267, you may consider following up with a light position.
Of course, the stop-loss line must be set: $0.17400 is the key support of the trend, and if it falls below this position, the logic changes.
For the target, first see if it can stabilize at $0.25267, then $0.26000 and $0.27500.
The characteristics of a short squeeze market are: the more the shorts resist, the tighter the spring is compressed. A pullback is not a risk; it may even be an opportunity. However, it must be said that there are no guaranteed profits in the crypto space, and controlling position size is more important than anything else.
I’ve seen plenty of short squeeze tricks before, but the key is whether it can break 0.25267. If it can’t, it’s just empty hype.
Feels like it’s about to start fleecing retail investors again—better to wait for a pullback before making any moves.
The bulls are frantically creating FOMO, which is exactly when you need to be cautious.
The 0.17400 line is more important than anything else; if it can’t hold, the logic really has changed.
That’s how crypto is—the most dangerous time is when you’re making money.
A short squeeze is just like this, the more you resist, the more the price rises, stop loss and Get Liquidated are all pushing hands.
If it holds at 0.25267, there’s hope; otherwise, don't hold back.
Funding rate 160U per hour? This isn't shorting, this is giving money to people.
Position management is really an old topic, but there are still people who won't listen.
With this short squeeze logic, it feels like someone is going to get trapped again.
The scariest thing during a short squeeze is the pullback, but this time it feels a bit different.
I need to keep a close eye on the $0.25267 level.
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This short squeeze rhythm is indeed a bit fierce, you can try around $0.23
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With such a high funding rate, who dares to continue shorting?
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The 21.7% rise has already indicated the problem, short positions are just lifting the long positions
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Betting that this wave can break 0.25, Light Position follow up and see
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There has never been a guaranteed profit in the crypto world, I will wait for a pullback before making any decisions
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Short positions Get Liquidated 2.47 million, a bit harsh, this time they may really be in trouble
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Set the stop loss, $0.174 is the bottom line, if it falls below, just run.
Those shorting are working for the long positions, this trade is a guaranteed loss at first glance.
0.22 at this position is indeed tempting, but I will wait and see before making a decision.
With both short squeeze and technical aspects, it feels too idealistic, the crypto world has so many tricks.
Real men should follow the 0.26 target, but the premise is that 0.174 must not fall below!