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2026-05-09 15:29:51

They want to deceive you:

The selling pressure during the correction is minimal. Typical retracement to go higher.
The funding remains red-hot, everyone is short.
79k-76k then 87k for May.

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Jeremytrader

· 1h ago

I also see the funding so red like that, and obviously it gives the impression that it's just fuel for a squeeze, but ehh... I don't know if I would call the 87k so directly. I mean, sometimes market makers let the price bleed a little more just to liquidate over-leveraged longs before making the real move. Still, yes, the technical retracement is textbook, no doubt about that.

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