Bitcoin and Ethereum Funding Rates Swinging Two Different Directions to End the Week
📊 Bitcoin traders have mostly gone long on prices ever since yesterday's dip bottomed out, and have been slightly rewarded. Meanwhile, Ethereum traders have sh
Hanya untuk edukasi. Bukan saran finansial. Verifikasi risiko dan aturan lokal sebelum bertindak.
Read full report
📊 Bitcoin traders have mostly gone long on prices ever since yesterday's dip bottomed out, and have been slightly rewarded. Meanwhile, Ethereum traders have shifted from longing to shorting based on whatever the asset's price has done most recently.
Exchange funding rates are always prone to get liquidated when swinging from one extreme to the other. The best entry points are typically when other traders are betting against a coin, and best exit points are when others are very bullish.
Use this chart to keep tabs on when the ETH funding rates begin swinging in one direction to identify prime trading opportunities.
Bukan saran finansial. DYOR.
