🚨 $FHE THE LONG SQUEEZE IS ACCELERATING 📉
Retail is "buying the dip" after a -30% drop, but the data suggests we are seeing a massive Long Squeeze Continuation. With 76% of accounts currently Long and funding remaining positive, the "bottom" is likely a trap.
🔍 The Technical Breakdown:
Positioning Trap: An extreme L.S Ratio of 3.22 means the market is top-heavy with trapped bulls acting as exit liquidity.
Orderflow: Falling Open Interest (168M → 158M) combined with positive funding confirms long capitulation—not a short squeeze.
Liquidity Magnet: The recent sweep of the 0.0175 low failed to trigger reversal volume. The next high-density liquidation clusters sit at 0.0160.
📉 THE TRADE SETUP:$FHE
Direction: SHORT 🔴
Entry Zone: 0.01800 – 0.01820 (Sell the bounce)
Target 1: 0.01650 (First Layer)
Target 2: 0.01600 (Major SSL Cluster)
Stop Loss: 0.01900 (Strict)
⚠️ Invalidation: 1H candle close above 0.01950 or BTC reclaiming $77,000.
Expert Tip: Since the 0.01753 low failed to bounce with any conviction, watch the 0.01770 level closely. If it breaks without a retest of 0.018, the "Market Momentum" entry might be the only way to catch the slide to TP1. Want me to alert you if the funding rate shifts to negative?