🚨 Be Careful with Altcoins: Market Alert 🚨
Just a quick heads-up about the current state of altcoins. Many of them are hitting their All-Time Lows (ATL), and the funding rate is indicating that a lot of big players are going short. 📉
What Does This Mean? 🔍
High Short Interest: The funding rate screaming with short interest means there's a heavy bearish sentiment. Big players are betting against the market.Liquidation Potential: If any of these short positions start getting liquidated, we could see a significant price jump. 🚀Volatility Ahead: Be prepared for volatility. A 10-20% price spike isn't out of the question if liquidations trigger a short squeeze.
