I saw that Bitcoin's funding rate has dropped to its lowest level in three months. This is a sign that short positions are building up. When the funding rate decreases, it indicates that the short traders are becoming bullish. Conversely, this also suggests that there is a possibility for longs to make a comeback from here. It feels like the conditions are setting up for a short squeeze to occur. I'm paying close attention to how the market reacts and the price movements over the past few days.