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BITCOIN_
$DOGE vs $HYPE : Two Crowded Short Trades
Both assets face bearish pressure, but their positioning reveals different risks.
DOGE shorts are sitting on substantial profits, suggesting sellers remain firmly in control.
HYPE looks more interesting. Short exposure is nearly 12 times larger than longs, creating significant squeeze potential.
My view: DOGE remains structurally weak, while HYPE could experience a sharper reversal if buying momentum returns.
The bigger the short concentration
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