Bears are playing with fire
>>62160162what does this mean??
>>62160172If funding is positive, longs pay shorts (bullish crowd dominant).If funding is negative, shorts pay longs (bearish crowd dominant).The graph shows that funding is extremely negative right now, which means bears are paying a lot to maintain their shorts. If the price in fact defies expectations and goes up there could be a short squeeze and cascading liquidations.
>>62160162Outside of people hodling Bitcoin, there's nothing I love more than people getting rekt for shorting it.
>>62160172Bobos have to pay Mumus to short perpetual futures because their funding rate is negative.
This is really exciting. Fuck Bottomtober.
>>62160172Cex niggers must die!
>Clarity Act passes>BTC teleports to $100kwould be pretty funny
>>62160162>>62160189bears are smart. this just means there are a lot of smart bears.
>>62160172means people shorting are paying out the ass in premiums to hold their shorts and are likely to get liquidated...if clarity passes they absolutely get liquidated or if BTC breaks back above 80k they need to pay BIGLY
>>62160189I've come to find none of this shit ever really means anything. Either the most general market macro is putting interest and money in the market or it isn't. Everything else is noise that accounts for 2% moves each way.
40K in october/thread
>>62160162>>62160172This is all just a bunch of malarky they're just farming dip buyers right now. We're going down, down, down god have some of you all never been in a crypto bear market ? Newfags
>>62160197retard
I'm literally getting paid right now for shoring BTC on hyperliquid
>>62161936Pretty much all of those parabolic runs come from short squeezes. Nobody is really like "BTC is at all time high, I should go all in." What happens is people leverage short "it's way too high now. It can't possibly go higher" they get called and those people are forced to buy higher.
>>62160162>bitcoin drops 2% just hours after the tweetDoes he have any more commentary so I can do the opposite?
>>62160162>>62160189OP you scared me into not shorting yesterday and it DUMPED!!!I HATE YOU!!! AND I HOPE YOU DIE!!!!!!!!
>>62160162That's what they say when I go to the gay bathhouse
>>62160162Wisdom of the crowd
