@quasarecho
If the spot market won’t decide, derivatives might.
Liquidation maps show a cluster of short positions stacked above $3.18. On Bitget alone, the past 30 days saw $1.79 billion in short liquidations versus just $617 million in longs. Binance shows a similar skew — $430 million shorts against $152 million longs. Across the top two venues, shorts have been 3x more vulnerable.