Your squeeze pattern call makes sense given the liquidation skew, but I’d push back on interpreting ETF outflows as purely bearish—ARKB’s drag could just be rotation, not full de-risking. I recently read an analysis on how ETF flows diverged from price action in 2026, with some funds bleeding despite BTC climbing.
https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026
