I noticed that crypto is slightly down this week despite a promising start. Bitcoin rose to 82K on Wednesday but pulled back to 80.8K on Friday in Asia, down 0.24% over 24 hours. Not dramatic since we're still up 1.21% for the week. What interests me most is that funding rates have remained negative for 67 consecutive days — a 10-year first. This creates enormous pressure on shorts.



On the altcoin side, crypto is slightly down across the board. Ethereum at 2.33K (-0.04%), Dogecoin at 0.11 (-2.98% over 7 days), XRP at 1.45 (+1.40%), BNB at 651.40. Solana holds steady at 94.76 (+0.87%). The Iran-U.S. tensions caused this small correction, but honestly, it looks more like taking profits than a structural reversal.

The interesting thing: if Bitcoin breaks 83.2K, we could see a massive short squeeze with all these expensive shorts from the past two and a half months. Analysts are talking about a target of 93K in the medium term. But the RSI is overbought, and options show traders are hedging. Crypto is slightly cooling off to breathe, but the infrastructure remains bullish if we break this key level.
BTC-1.73%
ETH-1.03%
DOGE-1.69%
XRP-2.59%
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