GugaOnChain
'Short squeeze' risk increases: The three metrics funds monitor to buy Bitcoin between $70,000 and $65,000
With Bitcoin's corrective movement over the last three days, the probability of a liquidity capture at the institutional support between $70,000 and $65,000 returns to the radar. This makes it necessary to cross whale exhaustion with retail panic. To validate accumulation by Smart Money, the strategy focuses on a three-dimensional reading: measuring market pain, tracking "dry powder," and identifying silent absorption in the order books. STH-SOPR The first pillar rests on the STH-SOPR. The perfect structural bottom occurs when recent holders capitulate. By plunging below 1.0, the indicator proves that retail is vomiting its coins at a loss. It is precisely in this bleeding that Smart Money positions itself on the buying end, filling its institutional lots with the cheap liquidity left by weak hands. SSR (Stablecoin Supply Ratio) In parallel, sustaining the price within this range requires new capital, monitored by the influx of stablecoins (SSR). The flood of dollars into exchanges attests to the funds' firepower. This metric must converge with a sharp divergence in the CVD: leveraged retail betting on the Short via derivatives, while institutionals fiercely accumulate the real asset in the Spot market. On Binance, the massive influx of USDT will be the thermometer. This reload on the largest global exchange confirms that whales have returned to buying. FUNDING RATE The definitive trigger for the Long emerges from extreme saturation. A negative and persistent Funding Rate, stressed in the -0.015% to -0.020% range, acts as the ideal green light. This threshold proves that short sellers are overleveraged, guaranteeing the directional fuel necessary to trigger a violent Short Squeeze in defense of the support. CONCLUSION The convergence of these metrics filters the noise. When retail capitulates and derivatives bleed, the directional shock will be imminent.