2025-12-29 01:10:26

#数字资产市场动态 An interesting signal has appeared in the market. $BTC In this current environment of extremely negative funding rates, shorts are paying massive costs, yet the price hasn't been pushed further down. A classic short squeeze pattern.

What does on-chain data say? Although short-term dips have cleaned out some long leverage, spot buying immediately absorbed the selling pressure. Open interest remains active, with no signs of excessive inflation. This is contradictory—short sentiment seems crowded, but actual control is quite weak.

Once buying momentum strengthens, a rebound could come quickly. $ETH Also has similar technical support.

Of course, caution is needed regarding the risk of liquidity traps. But from a technical perspective, the short-term bullish case still has support.

BTC-0,26%

ETH-0,58%

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CoffeeNFTrader

· 1h ago

The bears are acting again. With such outrageous funding rates, it shouldn't be suppressed anymore. It should have rebounded already.

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RooftopReserver

· 14h ago

This wave of short squeezing is real. The bears are paying the fees but can't hold it down, and spot buying is eating up very quickly.

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LiquidationWatcher

· 14h ago

ngl, this negative funding rate squeeze setup got me on edge... been liquidated before and it never ends well when shorts are THIS desperate, ya know?

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ReverseTrendSister

· 14h ago

Shorting fee rates are so exaggerated that they can't be suppressed? That's hilarious, this is basically suicide. --- Spot absorption of selling pressure is so straightforward, feels like someone is waiting to buy the dip. --- Short squeeze, just squeeze it. The key is when the buying momentum will kick in. It's a bit early to talk about a rebound now. --- We can't ignore the liquidity trap issue; that's how we got caught last time. --- Crowded shorts but weak control—this logic sounds good, but you still need to be cautious when bottom fishing. --- Another day of "technical outlook positive," let's wait for the rebound to actually happen. --- Negative fee rates are so extreme that it feels like we're not far from anything, but the way forward depends on what happens next.

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MoodFollowsPrice

· 14h ago

Shorts are spending so much money but just can't push it down, which is quite interesting. The strong absorption of spot positions indicates that someone is accumulating at the bottom. Once the bulls react, a rebound is expected. This wave looks promising. Liquidity traps definitely need to be guarded against, but technically, the market is indeed leaning bullish.

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