Cumulative Short Liquidation Leverage is much more than Long!
If BTC surges more than $100k, a Short Squeeze will occur, which would be welcomed by long-term crypto investors.
U.S. Unemployment Rate will be released soon. If the U.S. labor market slows, the odds of a 25 bps cut will be increased.
Additionally, the odds of a 25 bp rate increase by BOJ(Bank Of Japan) is almost 90%. I hope the crypto market has already reflected the issue.
What else? Next week, a large amount of OI(Open Interest) is set to expire.. I'm so concerned and nervous.
Great post! Featured in the hot section by @punicwax.