According to CoinMeta, Joao Wedson has released a new leverage squeeze risk index that combines three derivative indicators from multiple exchanges: funding rates, open interest, and long and short positions. The index is designed to identify situations where market leverage is excessively concentrated. Deep negative values indicate short squeeze risk, while high positive values indicate long squeeze risk. This indicator will be added to various cryptocurrencies on Alphractal, with data starting from a 5-minute time frame.