Funding rate seems negative but market looks bullish. Price still has room to play with #shorts and liqudate #longs. Let's see what will going to happen📈.

#Longs are pretty heavy in #Bitfinex, and bit in others too. Funding are also, moving very #positive, which shows, #long position traders are dominating. Market may play opposite to liquidate, over-leveraged traders 📈

Large concentration of leveraged #Longs between $64K–$70K aggressively cleared as #BTC broke lower 📉🔴. Cascade of liquidations drove price briefly below $60K before finding support — significant #Deleveraging event complete 💪.

Liquidation profile notably cleaner than a week ago — excess leverage from the recent range largely flushed from the system, creating a healthier positioning backdrop for any potential recovery attempt ahead ⚡️🎯👀