@frenz1
Three metrics that signaled the July Bitcoin liquidation cascade 48 hours in advance were: 1) High Open Interest (OI) in BTC futures, indicating over-leveraged positions ripe for liquidation if prices shifted; 2) Elevated Funding Rates, showing aggressive long positions that could trigger a sell-off if momentum reversed; and 3) Tight Price Range Consolidation, suggesting a breakout was imminent, amplifying the risk of cascading liquidations. These combined factors pointed to an overheated market vulnerable to a sharp move.
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