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Crypto Express

06/14 00:02

Are short sellers getting too comfortable

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Are short sellers getting too comfortable near $0.25?

According to the Liquidation Heatmap, short positions are piling up just above $0.2517. Short Liquidation Leverage has been rising, while long liquidations are already flushed below $0.24.

This imbalance suggests the market is heavily skewed toward downside speculation. However, if OM were to unexpectedly spike, it could trigger a short squeeze.

That said, in the absence of buying pressure, shorts remain firmly in control for now.

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