Now this market is really interesting. The Bitcoin short positions have shot up to more than double the long positions.

This is not trading at all; it’s purely a crowd of people queuing up to hand money to the big players. When the entire network is overwhelmingly bearish, that’s actually the most dangerous time. Those who understand know that this is the signal for the big players to take action.

This extreme position structure is the best fuel for a price surge. As long as the price makes a slight upward movement, the shorts will panic, leading to a chain reaction of liquidations that could send the price skyrocketing.

The funding rate has long been ridiculously negative, which is obviously a trap to lure shorts. Experienced traders can sense it immediately. The big players are probably watching the data in the background, enjoying themselves, just waiting for the right moment to wipe out this group of bears.

In this wave, are you ready to stubbornly follow the crowd and hold on, or are you quietly preparing to ambush, waiting to feast on the big players' gains?