$CRCL 117.54 Short, stop loss 131.64, watch 96.38 and 85.80

Funding rate +0.11%, longs pay protection fees to shorts every few hours, how long can this money-losing situation last?
Open interest +13.3% daily, new longs are building positions wildly at high levels, retail traders are 68% long, big players are 72% long, I've seen this extreme sentiment many times before, always before a reversal.

The most critical point is that big players and retail traders are both piling up in the same direction, which is not a good sign, this is the final stage where the whales are pulling the price up to attract retail traders.
One-hour volume drops -1.8%, active selling is increasing, the whales have already started to offload.
7-day increase +22.1%, everything that should rise has already risen, now is the time for sentiment to fade.

Time favors the bears, longs are paying every day, this situation can't last long.
Position starts at 10-15%, add more as it rises, if it breaks below 96.38, go straight to 85.80.
Stop loss at 131.64, if the logic fails, close the position, don’t hesitate!
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