CoinEx Daily: Broad Bitcoin Shorts Persist with Oil Slump and Equity Rebound

Daily View

Bitcoin rebounded when mainstream CEX and DEX funding rates reflected broad short positioning. Short-term holders continued selling at a loss, and a large leveraged short position stayed active while the Bitcoin leverage ratio fell sharply. End-of-war rhetoric coincided with a sharp oil retreat from prior highs and a rebound in US and Asian equities.