As BTC's price surged today, funding rates have turned increasingly negative, indicating that most traders are opening short positions. This scenario could potentially lead to a short squeeze if the price breaks above $65,500. However, it could also signal that a top has been reached and a reversal may be imminent, so exercise caution with long positions.$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #CryptoMarketMoves #LowestCPI2021
