Funding rate is -0.12 on $SIREN you know what that means, fam.
Shorters are stacked, and the liquidation chart shows it clearly. Look at the clusters around $2.
Negative funding means shorts are dominating longs. And remember, in my last post I mentioned $1.8 liquidation and then a squeeze toward $2.3. But why did price drop to $1.3 first?
Simple more longs jumped in expecting the move, and the market wiped them out. A cluster formed around $1.3, one candle… and all gone 😆 That’s how this game works.
Even $2.3 will get squeezed. And don’t think it ends there. A move above $3 is possible, and that’s where they trap late longs again 🤣
The point is simple: if you want to make money, think like big money. Anticipate what they’ll do at each level.
Hope you got it - if not, drop a comment.
Drop a "LIKE", fam, and stay tuned.
$RIVER under 16$ and $TAO on 337$ Short will be benefitted if btc break 68$ level than a move toward 315$ can be witnessed easily!!