{"id":35073,"date":"2025-07-03T15:46:45","date_gmt":"2025-07-03T15:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35073"},"modified":"2025-07-03T15:46:45","modified_gmt":"2025-07-03T15:46:45","slug":"traders-pile-on-short-positions-as-bitcoin-approaches-all-time-high","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35073","title":{"rendered":"Traders Pile on Short Positions as Bitcoin Approaches All-Time High"},"content":{"rendered":"
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Crypto traders are exhibiting bearish behavior despite bitcoin BTC trading above $110,000 and possibly taking aim at a new record high above $112,000.<\/p>\n

Data from Coinalyze<\/a> shows that during bitcoin’s move this week from $106,000 to $110,000, the long\/short ratio fell from 1.223 in favor of longs to 0.858 in favor of shorts.<\/p>\n

Open interest<\/a> also rose from $32 billion to $35 billion during this period, indicating that significant capital is being pumped into shorting bitcoin.<\/p>\n

\"Bitcoin<\/p>\n

Bitcoin has been trapped in a relatively tight range since early May, trading between $100,000 and $110,000 with three tests of each level of support and resistance.<\/p>\n

Technical indicators like relative strength index (RSI) continue to paint a bearish image with several drives of bearish divergence, with RSI weakening on each test of $110,000.<\/p>\n

The recent influx of short positions could well be lower timeframe traders capitalizing on the range, shorting resistance before reversing their trade at each test of $100,000.<\/p>\n

This rang true on June 22 when the long\/short ratio shot up to 1.68 as bitcoin momentarily slumped through $100,000 before bouncing.<\/p>\n

There is a potential bull case with the increase in short positions: a short squeeze. This would occur if bitcoin begins to trigger liquidation points and stop losses above a record high, which would cause an impulse in buy pressure and continuation to the upside.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto traders are exhibiting bearish behavior despite bitcoin BTC trading above $110,000 and possibly taking aim at a new record high above $112,000. Data from Coinalyze shows that during bitcoin’s move this week from $106,000 to $110,000, the long\/short ratio fell from 1.223 in favor of longs to 0.858 in favor of shorts. Open interest […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35073","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35073"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35073\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}