Bitcoin positioning and bottom-calling
Traders see conflicting signals: heavy Binance long positioning historically preceded lows, while spot bid depth near $75K and Kalshi's $70K forecast frame the debate.
What we know
Binance long/short hit 76%, a level that preceded prior multi-month lows. An account on X sees strong passive bids below $75K, and another account on X plans to buy spot. Zcash ETF assets reached $724M, and another account on X restarted a leveraged perps gamble.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.