The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Bitcoin faced an intensified short squeeze risk as bearish leverage reached $26 billion while prices held near $62,000. Funding rates on OKX hit an extreme negative of -453%, and the asset struggled to break above $65,000 due to heightened volatility. However, a steady decline in market-wide leverage was later observed, potentially mitigating the risks of mass liquidations.