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I usually also refer to the Bitcoin funding rate.
It's quite strange; in the past, not many people paid attention to this indicator.
Recently, no matter which player I talk to, they all mention the funding rate being so negative and are even saying it will surge.
I also can't understand why this wave has such high attention.
But a negative funding rate doesn't necessarily mean it will surge.
As long as it can repeatedly stay above 76, the rate will naturally gradually recover.
Look at the spike yesterday—the rate wasn't as negative anymore, right?