🚀 Bitcoin's on a roll! As BTC flirts with the $90K mark, market euphoria is palpable, but QCP Capital warns of potential pullbacks. Elevated funding rates and basis yields hint at possible leverage washouts. While BTC's recent breakout has traders buzzing, caution is advised.

QCP Capital notes that perpetual futures are trading at a premium, and history shows these spikes don't last long. With BTC's 30% gain in just a week, are we in for a correction or will the bulls keep charging? 🤔

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