$BTC $Funding rates just turned negative.

Translation: traders are crowding into shorts right after $1.3B+ of longs got wiped out.

That cuts both ways:
• Squeeze fuel if $68K holds and $70K is reclaimed
• Trend confirmation if $68K breaks on volume

What I'm tracking:
• 6 straight days of US spot ETF outflows
• Fear & Greed: 20 (Extreme Fear)
• Low so far: $67.9K

Levels in the chart 👇
Where's your line: $68K or $65K?

Not financial advice. DYOR.
$BTC #Bitcoin