I noticed an interesting imbalance in the Bitcoin market — shorts are just overwhelming. About 8 billion in short positions versus a meager 200 million in longs. There's simply a huge gap between the bears and the bulls. When such asymmetry exists in the leverage, the market usually becomes more unstable. Traders are nervous, and every price movement can trigger a cascade of liquidations. I wonder how long this short dominance will last — usually, the market eventually starts pressuring overextended positions. Those holding longs are clearly expecting a reversal.