http://Greeks.Live Community Daily Digest #daily Published: 2025-11-03 Overall Market Sentiment The group is predominantly bearish with traders observing continued downward pressure despite other futures markets showing green. Key frustration centers around BTC dumping with traders noting short puts getting hit and general weakness in the move, though some debate exists on whether the selling is from aggressive shorts or long liquidations. Open Interest and Funding Dynamics - Mixed Interpretation • OI (Open Interest) showing signs of life with shorts going "all in" according to on-chain data, though overall characterized as "deader than dead" • Dispute over market mechanics: one view suggests OI rising with funding down and price down indicates aggressive short selling with RSI flooring, while counter-argument points to long aping and DCA strategies contributing to OI increases on bounces • Spot selling identified as the critical factor - unless spot selling stops, the market remains vulnerable regardless of futures positioning • Funding rates mostly flat with initial drops attributed to liquidations rather than sustained directional pressure, suggesting mixed conviction from both sides(Greeks.live)