Despite the high level of liquidations yesterday following the Bitcoin drop, futures market traders remain betting on an upward trend.

The funding rate has risen again in the coming hours, signaling the possible addition of more liquidity bands below the current price.

In the event of a new downward movement, we could see another squeeze on long positions.

Remember: bottom formations are not a single "event," but a process of continuous events. We are in the process of capitulation.

During these periods, it is more dangerous to be exposed to very short-term leverage, but it is also where opportunities arise.

Trade patiently, without rushing.