Cryptocurrency short-sellers have benefited in the last two months amid a short-term downtrend for the crypto market since March. Conversely, Finbold has spotted two cryptocurrencies signaling potential short squeezes and price surges for next week.
In this context, bullish diverges appeared in the price charts and among notable technical indicators, signaling a trend reversal. This fuels the usual short-squeeze alerts: negative funding rates, short-position volume increases, and leverage liquidations accumulation at higher levels.
Moreover, a rising optimism in India with reopened doors for offshore crypto exchanges validates the market potential for the following weeks from a regulatory and fundamental perspective.
As a result, cryptocurrencies that hold significant imbalances in the derivatives market could be the first to skyrocket.
Short squeeze alert for Avalanche (AVAX)
Avalanche (AVAX) is one of the likely cryptocurrencies to suffer a short squeeze next week, poten
We współpracy z: https://finbold.com/short-squeeze-alert-for-the-week-two-cryptocurrencies-with-potential-to-skyrocket/
