Updated 17 April 2026 at 13:19CoinCex editorial review
Negative Funding Rates Reach Yearly Peak While Bitcoin Approaches $76K
#Markets
Bitcoin funding rates have dropped to their most negative levels this year. We are watching two scenarios: a short squeeze that pushes price higher, or a bull trap that reverses the current move. Price is currently testing the $76K level.
Bitcoin funding rates hit year-high negative levels, setting up a potential short squeeze—or bull trap—as its price tests $76K.
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