CryptoNeutralNewsBTC · May 286/10
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Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup?
Bitcoin's funding rate has turned positive, indicating dominant bullish sentiment among perpetual futures traders despite recent price pullbacks. The cryptocurrency experienced $104 million in liquidations over the past 24 hours, with $85 million from long positions, creating potential for further cascading liquidations if the market declines sharply.
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