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BTC Funding Is Changing, Watch Leverage
BTC’s rebound is bringing leverage back into focus. If funding rises while OI climbs faster than spot demand, crowded longs could become vulnerable to a sharp flush.
I’m watching funding + OI + spot volume together.
Rather than chase, I’d scale only after leverage cools or price confirms with strong spot demand.
Liquidity first. Candles second.
$BTC #OutcomesOnOrbit

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