$BTC positioning



> OI continues to rise gradually while funding turned negative
> Spot buying improving while Retail increasingly leaning short
> Price responds and grows
Meanwhile, long short distribution is getting skewed
>Long liq levels: 331; Short liq levels: 106. Delta: +225
~$8B liquidity imbalance -> longs in risk but order flow does not overheat yet

Largest short-term liquidity cluster remains above at 65k.

Below, the most meaningful concentration sits around 62.7k-62k in proximity, which would be a healthy pullback zone if tested.

Thin order books + rising OI + negative funding = squeeze conditions in place imo -> could see some more upside especially since expectation for a deal is increasing

Watching whether shorts become fuel for a move into the 65k liquidity pool.
BTC0.84%
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BridgeHopster
· 2h ago
The script for the 62k-65k range is ready; let's see which side gets liquidated first.
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TacoTreasury
· 2h ago
$8B imbalance This number looks familiar, the last time it was like this...
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ReflectiveKey
· 2h ago
Negative fee rate + retail short, classic recipe
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