đ¨ Bitcoin spot demand is rising and short squeeze risk is building
đ Iâm seeing Bitcoin up around 10% so far in 2026 and holding just under $97,000, and this move looks like itâs being driven more by spot buying than leverage.
đ Thatâs important because spot led rallies are usually healthier, since real buyers are pushing price instead of futures traders pumping it with borrowed money.
đ At the same time, perpetual futures funding rates are negative, which means shorts are paying longs, and thatâs a setup that can explode fast if price keeps climbing.
â ď¸ If spot demand keeps absorbing supply while shorts keep leaning bearish, the pressure builds until those shorts get forced to close, and thatâs when the short squeeze can send BTC flying.
đ§ My takeaway: BTC strength + real spot demand + negative funding is the perfect mix for a squeeze, and if momentum holds, $97K could flip into a launchpad instead of a ceiling.
