I found it interesting to note that Bitcoin's funding rate has recently dropped to very negative levels, close to -0.005% on the 7-day average. According to analysts, this usually happens before market bottoms. Looking at the history, it's curious how in 2023 we saw similar patterns during the SVB crisis, when the price fell below $20,000. Before that, in 2022 during the FTX collapse, we saw around $15,000, and in 2020 during the pandemic, it approached $3,000. The interesting thing is that even when the rate was negative between March and April of this year, Bitcoin rose significantly, going from a range of $60,000-$65,000 to nearly $75,000. Now it's around $77,000, so these negative funding rates do seem to signal that the market might be preparing for a move. When many traders are in short positions and the rate becomes very negative, it often precedes a rally because there are few sellers. It's worth keeping an eye on this signal.