10x Research: Powell's Friday Speech May Boost Stocks and Risk Assets such as Bitcoin
According to Trader T's monitoring, in the past 10 days, the open positions of BTC futures contracts have increased by 12%: -CME: Increased by 9.3% -Binance: Increased by 12.5%. The constant negative funding rate: -Binance was -0.035% for the past seven days. It also stated that many short positions have begun to accumulate. With the shrinkage of trading volume, a short squeeze (price surge) may be imminent.
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