Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?

Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm Santiment, investors have been shorting BTC for the last few days. The indicator of interest here is the [...]

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Bitcoin Funding Rates Turn Negative: Shorts Turn To Get Squeezed?

Data shows the Bitcoin funding rates on exchanges have turned negative, a sign that the shorts have now become the dominant force in the market. Bitcoin Funding Rates Have Turned Negative After Market Crash As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin funding rates have seen a sharp decline recently. The “funding rate” refers to a metric that keeps track of the periodic fee that derivatives contract holders are currently exchanging with each other. When the value of this indicator is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend implies a bullish sentiment is shared by the majority in the sector. Related Reading: Chainlink (LINK) Recovers 20% As Network Lights Up With Activity On the other hand, the metric being negative implies a bearish mentality could be the dominant one in the market as the short holders outweigh the longs. Now, here is a chart that shows the trend in this Bitcoin indicator for all exchanges over the past few months: As displayed in the above graph, the Bitcoin funding rate had been positive throughout the year 2024, save for a couple of small dips into the negative region, until this latest crash, which finally took the indicator to notable red values. The earlier positive values were naturally due to the fact that the market had a bullish atmosphere to it, so the average investor was trying to bet on the price to rise. From the graph, it’s visible that this positive sentiment was the strongest during the rally to the all-time high (ATH) price fueled by the spot exchange-traded fund (ETF) demand. During the consolidation period that had followed this rally, BTC had seen a couple of notable drawdowns, but they weren’t enough to shake off the bullish mood. The recent sharp crash, though, appears to have finally caused investors to have a bearish outlook on the cryptocurrency. The Bitcoin crash had resulted in a huge amount of long liquidations in the market, triggering what’s known as a squeeze. In a squeeze event, a sharp swing in the price causes mass liquidations, which in turn fuels the price move further. This then unleashes a cascade of more liquidations. Since the latest such event involved the longs, it would be called a long squeeze. In general, an event of this kind is more likely to affect the side of the derivatives market that is more dominant. As this power balance has shifted towards the shorts now, it’s possible that the market could instead see a short squeeze in the near future. Related Reading: Is Bitcoin In A Bear Market Now? Heres What On-Chain Data Suggests Naturally, it’s not necessary that a short squeeze should take place, but if the price ends up witnessing some volatility, it’s possible it may end up punishing the short-heavy market. BTC Price Bitcoin has been steadily making recovery from the crash as its price has now climbed back to $57,500. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

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Bitcoin bulls were obliterated, but is it time to catch the falling knife?

Bitcoin derivatives show traders morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.

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Key Bitcoin price metric drops to a 2-week low Is the BTC bull market over?

Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over.

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Bitcoin bulls refuse to flip bearish despite the $53,300 retest

BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon.

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Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000

Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from CoinGlass, the latest volatility in the cryptocurrency market has led to large liquidations on the derivatives side. “Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed losses of a certain degree. Related Reading: Bitcoin Recovery Stalls As HODLers Apply Selling Pressure The table below shows how the derivatives liquidations have looked during the last 24 hours: It would appear that the cryptocurrency derivatives market has registered total liquidations of $126 million in the past day. Out of these, almost $101 million of the contracts were short ones. This figure is equivalent to more than 80% of the total, implying that these investors betting on a bearish outcome for the market were the most heavily affected by the latest volatility. This naturally makes sense, as assets across the sector have seen green returns in this window, led by Bitcoin’s rally. A mass liquidation event like this latest one is popularly called a “squeeze“, and as shorts were the side that contributed to a majority of these liquidations, the squeeze would be known as a “short squeeze.” During a squeeze, liquidations end up feeding further into the price move that caused them, thus unleashing a cascade of further liquidations. As such, the sharp price surge in the past day would in part be fueled by the short squeeze. Related Reading: Bitcoin Crash Forced Weak Hands Into Largest Loss-Taking Since 2022 Lows: Report As for the breakdown of this latest squeeze for the various symbols, it would seem like Bitcoin has come out on top like usual with around $45 million in liquidations. Ethereum (ETH) and Solana (SOL) have made up the rest of the top three with $24 million and $8 million in liquidations, respectively. Interestingly, while most of the sector has seen the dominance of short liquidations, XRP (XRP) on fourth has seen longs edge out instead. This may be down to the fact that the coin has overall only moved sideways while the rest have rallied. BTC Has Managed To Reclaim The $62,000 Support Level With the latest rally, Bitcoin has been able to make some significant recovery, with its price even briefly surging above the $63,000 level earlier in the day. The chart below shows what the coin’s surge has looked like: According to data from the market intelligence platform IntoTheBlock, Bitcoin is now floating above the significant on-chain support level of $62,000. “While resistance is strong above, enough bullish momentum can prevent selling pressure,” notes the analytics firm. Featured image from Dall-E, CoinGlass.com, IntoTheBlock.com, chart from TradingView.com

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Are Bitcoin traders losing hope? Top traders metric hits two-week low

Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?

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BNB blasts past $700. Is there a limit to this rally?

BNB Chain activity and BNB derivatives indicate a healthy bull run, but no room for further upside.

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Can SOL reclaim $170? Two indicators scream 'buy'

SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up.

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$1.35B in Bitcoin options expire this week Do BTC bulls or bears have the upper hand?

This weeks Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

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Bitcoin At $100K? $3 Billion In Shorts Are On The Line

Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin’s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Related Reading: Bitcoin To Infinity? Venture Capitalist Says Cryptos Value Vs. Dollar Has No Ceiling Massive Short Positions Clustered Below $100K According to Coinglass, theres a heavy concentration of short positions across major exchanges like Binance, OKX, and Bybit between the $97K and $100K range. That cluster of bets against Bitcoin is now on shaky ground. A move past $100K could lead to a wave of liquidations totaling about $3.04 billion. If Bitcoin goes even furtherto approximately $105,000liquidations may rise to almost $3.73 billion. At the last all-time high of $109,000, the figure may reach $4 billion. Short sellers who sold the market with high leverage are most vulnerable, and the heat is on. Long Positions Cleared In Earlier Dip While shorts are currently in the crosshairs, long positions already lost some ground. In a recent dip, longs saw much of the bullish bets get washed out. The aggregate leverage that supported long positions has declined drastically, according to the red trendline of long liquidations. This leaves fewer overconfident buyers propping up the market, lessening the risk of an abrupt crash from long-side liquidation. The reset also leaves a cleaner path higher, as there is less resistance from leveraged longs attempting to hold their positions. Resistance Zone Between $96K And $98K Bitcoin is now trading within one of its largest resistance zones. On-chain indicators on IntoTheBlock indicate that an estimated 1.06 million wallets purchased approximately 750,800 BTC between the $96K and $98K regions. That’s nearly $73 billion’s worth of Bitcoin at break-even for a good number of holders. This region is significant. If Bitcoin manages to break above it, there will be less selling pressure in the way. The price may rise quicker with fewer hurdles between $98K and $100K. $3B in #Bitcoin shorts will get liquidated at $100K. Lets send it. pic.twitter.com/VKMePfQDhS Carl Moon (@TheMoonCarl) May 2, 2025 $100K In View As Analysts Monitor The Market Closely The $100,000 level is more than a figure. It’s a psychological mark for traders, and it might be the beginning of something bigger. Crypto analyst Carl Moon responded to the situation on social media with a quick comment: “Let’s send it.” The remark captures the sentiment of most in the market. Related Reading: Strategys $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again) At present, Bitcoin is probing its limits. If the bulls continue in charge, shorts may become squeezed, and the path to six figures may be nearer than it appears. Featured image from Gemini Imagen, chart from TradingView

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Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3K

The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and inflows into spot BTC ETFs.

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Whale Signals Bearish Outlook on Solanas $HYPE with Short Position

Crypto whale signals a bearish sentiment on $HYPE altcoin by shorting $648,000 worth of the token through HyperLiquid.

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Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated

The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market Liquidations Reach $444 Million as Long and Short [...]

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Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price

The Bitcoin price is creeping up once again, rising to a new all-time high above $71,000 in the early hours of Monday. As the price surge continues, it has put a record number of shorts at risk, where a less than 10% move upward from here will see $1 billion in shorts liquidated. $1 Billion In Shorts At Risk Of Liquidation Crypto trader and analyst Ash Crypto took to X (formerly Twitter) to share a map that showed the number of short positions at risk as the price of Bitcoin rises. The map shared in the post showed that short liquidation leverage had risen above $1 billion. Related Reading: Shiba Inu BONE Token Garners Over 20,000 Picks On Binance Futures NEXT Program These short leverage positions had been rising along with the price with a large number of crypto investors expecting the price to crash after pumping to a new all-time high. However, Bitcoin seems to have other plans in mind with its price surging close to $72,000 and increasing the risk of liquidations for these positions. For these positions, Bitcoin reaching $75,000 would be detrimental to them. At this price level, over $1 billion worth of short positions will be liquidated. $1,000,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BTC HITS $75,000, Ash Crypto revealed. Will Bitcoin Stop Anytime Soon? The Bitcoin price has seen a 10.33% increase in the last week and shows no signs of stopping soon. However, the debate of whether it continues upward or downward continues to wax strong as crypto analysts far and wide proffer their own predictions. One crypto analyst know as MarcPMarkets suggests that the price of Bitcoin could hit resistance and then spiral back down if Bitcoin fails to properly clear the $70,000. But the analyst also explains that there is a possibility that the positive price action does continue if price does push above $71,500 and makes a close above it. Related Reading: Litecoin Beats Out Dogecoin, Bitcoin To Emerge As Top Crypto For Payments At the time of writing, Bitcoin is trading above $71,700, which shows it has cleared the level highlighted in the analyst. Now, what remains is to see if the cryptocurrency is able to make a daily close above $71,500, something that would be incredibly bullish for price. In this case, the BTC price could rise as high as $80,000 following this breakout. The Bitcoin move over $71,000 has already had a significant impact on traders in the last day. Over $333 million has been lost by traders in one day. But interestingly, the majority of liquidations (64.29%) happen to be long positions, according to data from Coinglass. BTC price reaches new ATH | Source: BTCUSD on Tradingview.com Featured image from, chart from Tradingview.com Atlantic Council

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Will $30K be a new springboard for Bitcoin bulls?

After a failed rally above $31,000 on June 23, Bitcoin (BTC) has sustained the $30,300 resistance for the past three days. Curiously, this happened while gold reached its lowest level in three months, trading at $1,910 on June 22, down from a $2,050 peak in early May. Investors now question how solid Bitcoin’s $30,000 support [...]

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This bearish technical pattern hints at a double-digit drop in Bitcoin price

Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.

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Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months

Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease in the federal funds rate at some point. Silver’s Value Poised to [...]

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Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K

Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion.

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Bitcoin Short Squeeze: $93 Million Shorts Liquidated In One Hour

Data shows a large amount of shorts have been liquidated in the Bitcoin futures market in the past day as BTC pushes above $19,000. $93 Million Bitcoin Shorts Were Wiped Out In Only 1 Hour As per data from the on-chain analytics firm Glassnode, short liquidations have spiked in the past day. A “liquidation” takes place when a derivative exchange has to forcibly close up a contract on the Bitcoin futures market. Contracts usually liquidate when a certain percentage of the margin – the collateral amount that the holder had to put up in order to open the position, is lost due to the BTC price moving opposite to the direction the investor bets on. In the crypto futures market, large liquidations happening at once isn’t an uncommon sight due to a couple of reasons. First, most of the assets in the sector are generally very volatile, so sudden price swings can take place without warning. And second, many derivative exchanges offer leverage (a loan amount taken against the margin) as high as 100x in the original position. High leverage being accessible in a volatile environment like this results in a large risk of positions being liquidated. Related Reading: Ethereum Rallies Above $1,400 As Sharks Accumulate Now, the relevant indicator here is the “total futures liquidations,” which tracks the total amount of both short and long liquidations that are taking place in the Bitcoin futures market currently. Here is a chart that shows the trend in this metric over the last few months: The value of the metric seems to have been deep red in recent days | Source: Glassnode on Twitter As displayed in the above graph, the Bitcoin futures liquidations have mostly involved short contracts in the last few days. This trend makes sense, as a sharp upwards move in the price was the trigger for these liquidations. During the FTX crash back in November, which observed the opposite kind of price move, a large number of longs were wiped out instead, as can be seen from the chart. Related Reading: Chainlink Bullish Signal: LINK Address Activity Returns To 2021 Levels Usually, a large enough rapid move in the price can trigger simultaneous mass liquidations that only feed said price move further. This amplified price move then liquidates even more contracts, and in this way, liquidations cascade together. A mass liquidation event like this is popularly called a “squeeze.” Glassnode notes that $93 million in short contracts were flushed in just a single hour during the past day. These rapid liquidations suggest the Bitcoin rally triggered a short squeeze in the futures market. The price has now shot up even more following this squeeze, as is generally the case, and BTC is now above $19,000 for the first time since the collapse of the crypto exchange FTX. BTC Price At the time of writing, Bitcoin is trading around $19,000, up 13% in the last week. Looks like BTC has climbed up in the last couple of days | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Glassnode.com

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