Massacre of shorts! $SYN Short squeeze signal appears on the 1-hour chart, smart money is 96% profitable, are you in?

Negative funding rate is chronic poison for shorts, the liquidation map is the execution list of the whales.

News: Arthur Hayes bought 6.16 million SYN (approximately $2.2 million) on June 29, publicly calling the Hypercall options narrative, aiming to challenge Deribit.

Technical Analysis

SYN surged to 0.75 then retraced to 0.546, with resistance above at 0.60-0.65 and key support at 0.50 below. The liquidation map shows that shorts have liquidated over $1.15 million in the past 24 hours, shorts are being squeezed continuously, a clear signal of bulls in control.

Smart money overview: Profit average entry price 0.4468, unrealized profit +$1.82M; Loss average entry price 0.4049, unrealized loss -$2.67M. Bulls push up, shorts push down, the cost of major players is constantly rising, typical trend-following capital.

Long/Short Strategy: Long near 0.50-0.53, target 0.60-0.66;

Short near 0.60-0.65

View: Medium-term bullish, but after the short-term surge, profit-taking needs to be digested, pullbacks are opportunities.

‍$SYN #Gate完成141只股票股息派发