Bitcoin futures funding just dropped into the 6th percentile — the lowest level we’ve seen since early 2023, according to CryptoQuant.

That kind of reading usually means one thing: derivatives traders are heavily leaning short.

When positioning gets this crowded on one side, the market often does the opposite. If buyers step in, it could turn into fuel for a sharp squeeze.

Bearish sentiment is rising… but crowded shorts can flip fast. 👀📈

Let’s go on $BTC

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70,711.9
-1.16%

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