On August 22nd, according to Trader T monitoring, in the past 10 days, the unpositioned squaring of BTC futures contracts increased by 12%: -CME: 9.3% increase - Binance: 12.5% increase Constant negative funding rate: - Binance was -0.035% in the past 7 days It also said that many short positions have begun to accumulate. As trading volume shrinks, a short squeeze (price surge) may be imminent.