Watch Funding Rates Carefully While Markets Are Moving Sideways

📊 Across exchanges, funding rates have turned mixed toward Bitcoin and mild shorting toward Ethereum. We will see a sustained crypto rebound when $BTC shorts become consistent again. And as$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!

Not financial advice. DYOR.