Negative funding rate + shorts taking a bloodbath! $BARD This “short squeeze” is baiting longs—chasing the highs means becoming exit liquidity!

A negative funding rate isn’t a perk; it’s a meat grinder custom-built by major players for short sellers.

Old Zhang’s take: This is clearly a short squeeze! Whale watch: Short sellers’ unrealized losses exceed 110k U, the long-short ratio is just 26%, and the funding rate is -1.9%. Based on the liquidation map, short liquidation levels are densely clustered above, between 0.137 and 0.147.

The major players’ plan is to squeeze prices higher first, then distribute at elevated levels.

Shorting is preferable to going long: Aggressive traders can short at the current price, while conservative traders can wait for a rebound to 0.137-0.142 before entering. Watch out for macroeconomic inflation and token unlocks, and don’t mistake a countertrend rally for a trend.

Real opportunities are never found in consensus, but in the cracks.
Financial markets have no tears. @老张说趋势 helps you develop an eye for spotting the cracks and teaches you practical survival skills.

#黄仁勋辞职 #Gate直通IPO第三期Anthropic