Bitcoin funding rates have been negative for 3 straight days -- shorts are paying longs.
That’s what you see after leverage gets flushed, not when the crowd is euphoric.
Momentum is still soft and the CME gap near $84K hasn’t filled yet -- but positioning is cleaner, sentiment is defensive, and longs aren’t crowded anymore.
When nobody wants the trade, risk/reward usually improves. Now it’s about waiting for confirmation. ⌛️ 🚀
Failure to recover the golden pocket near $0.135 played out perfectly, sending price down ~25% into $0.10. That wasn’t the end. Rejection at the $0.117 POC triggered another ~25% leg lower, and SEI is now trading near $0.08.
#BINANCE ANNOUNCES $1B BTC BUY; DATA SHOWS $1B #BTC SOLD DURING AN ILLIQUID SATURDAY
Binance reportedly said it would convert $1B from its SAFU fund into Bitcoin to support users. Shortly after, order book data reportedly showed nearly $1B in BTC sold during low-liquidity weekend hours.
The selling appears to have been synthetic; reflected on internal ledgers rather than through large on-chain Bitcoin transfers ; raising unverified questions about whether this represented real market activity or internal accounting movements using internal ledgers.
BITCOIN SHAKEOUT SPARKS PANIC ; BUT HISTORY SAYS THIS IS HOW BULL MARKETS ARE BUILT
Now step back. Every major Bitcoin run has been preceded by the same pattern: a violent flush that wipes out leverage, shaken confidence that convinces people it’s “over,” and a silent accumulation phase while attention fades.
That discomfort is what sets the foundation for the next expansion.