Watch Funding Rates Carefully While Markets Are Moving Sideways
Funding rates across exchanges show mixed sentiment for Bitcoin and mild shorting for Ethereum. I observe that a sustained rebound is likely only when BTC short
আর্থিক পরামর্শ নয়। DYOR।
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📊 Across exchanges, funding rates have turned mixed toward Bitcoin and mild shorting toward Ethereum. We will see a sustained crypto rebound when ETH is continuing to see a bias toward shorting, the asset will likely go on a large run and liquidate many as cryptocurrency markets eventually turn. 👀 There is no guarantee that markets are going to turn bullish imminently. But extreme funding rates are typically a telltale signal that will foreshadow when:
🔴 Markets will see bounces due to short liquidations boosting prices upward
🟢 Markets will see dumps due to long liquidations boosting prices downward
🔗 Keep track of Bitcoin's & Ethereum's funding rates aggregated across exchanges to find key buy & sell signals, and see what others in crypto can't!
এটি আর্থিক পরামর্শ নয়। DYOR।
