The retail sheep are cheering for a 45% crash, completely oblivious to the illegal-level short squeeze mathematically guaranteed to wipe them out today!
Look at the absolute insanity unfolding on the $LAB /USDT data right now. The masses are blindly celebrating a 45.16% daily bloodbath, completely missing the nuclear bomb hiding in plain sight: an astronomical, deeply negative -0.8358% funding rate! Late bears are literally bleeding extortionate fees every single hour just for the privilege of keeping their shorts open. 95 arrogant short whales are temporarily flexing $4.17 million in unrealized paper profits, but they are trapped in a severely illiquid nightmare. A syndicate of 121 diamond-handed long whales is completely dominating the market with an extreme 205.02% notional ratio, holding a massive $19 million position like an impenetrable fortress. They are happily absorbing this artificial dump at $8.63 because they know the math. When these 95 over-leveraged shorts are inevitably forced to market-buy their $9.26 million bags to secure their profits or avoid margin calls, the catastrophic lack of sell liquidity will trigger a violent, face-melting V-shaped recovery. I absolutely refuse to short the exact bottom while paying a premium funding penalty. Instead, I am aggressively scaling into my long position right here, front-running the most violent short liquidation cascade of the month before it catapults straight past $12.53!