2026-01-02 19:23:27

Looking at this position distribution, the longs are almost cleared out, and the long-short ratio is severely imbalanced to an unbelievable degree. In this situation, how could institutions possibly let the price drop directly? It simply doesn't add up.

Only by clearing out all the shorts can the market have a chance to adjust. The shorts have only two options—one is to endure the daily funding rates and eventually choose to surrender and exit; the other is for the whales to directly launch a fierce rally, using violence to wipe out most of the shorts, then there's a chance for a quick decline. The whole process is clean and decisive, leaving no opportunity for new shorts to participate.

Now, the position structure is right here. Short friends, are you comfortable with this situation? Given the current momentum, I guess many people will have trouble sleeping through the night.

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rug_connoisseur

· 7h ago

The current short squeeze is really tough, with the fee rate eating up heavily. Either hold on until surrender or wait to be violently liquidated; there's no escape anyway. The institutions are still using the same tactics, just see who collapses first. This position distribution really can't be played around with; with so many longs piled up, a decline is impossible. Short friends are probably already counting the days to the top, haha. Feels like a big rally is coming soon, with a clearout rhythm. With such an imbalanced position, the fee rate is crashing, and shorts can only pray. Just waiting for the institutions to liquidate, there's no escape. Longs piled up like this, can only turn around with a violent push up; the logic checks out. Shorts really can't sleep now, given the current situation. Under this structure, institutions won't let the price drop; they must first clear out all the shorts.

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PermabullPete

· 7h ago

The current short squeeze is really tough, the fee rate is eating away day by day. If this continues, who can hold up? At this pace, the market makers will definitely need to first push up to clear the field; otherwise, how could it possibly fall? The bulls are almost out of ammunition, it all depends on when the institutions will make their move. When that happens, the shorts will either surrender or get liquidated—there's no third option. I'm betting on one Bitcoin; the next violent surge is coming soon. After clearing out the shorts, we'll see. This position ratio is ridiculously high. If this keeps up, new shorts won't even dare to enter the market. Actually, the shorts should be panicking now, as the funding rate is bleeding every minute. Let's wait and see how the institutions play it. It feels like the big show has just begun.

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DaoTherapy

· 7h ago

The shorts are definitely being tortured now, watching the funding rate drain money every day is really heartbreaking. Institutions are playing it very cleverly, they just want to clear everyone out and be done with it. Clearing the market may seem simple, but it's actually the cruelest—either lowering or pulling, anyway you guys are going to lose either way. Once I see this position structure, I know there will definitely be some good shows coming up. Let's wait and see who can't hold on first; in the end, the rate will always wear people down. Honestly, in this kind of situation, the short sellers who still hold on must be under a lot of pressure. Getting forcibly liquidated again—this script is cliché but effective.

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NoStopLossNut

· 7h ago

Yeah, I've heard this logic several times before. Every time they say to clear the shorts and then make a big surge. But what happened? Shorts are indeed uncomfortable, but does that mean longs are always comfortable? That's the real joke. High fees can kill you, but a violent surge doesn't necessarily guarantee success. The market isn't that simple.

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