Bitcoin’s 20% Rally Still Reads Bearish on Structure

The analysis argues that Bitcoin’s 20%+ monthly rally still looks bearish because funding rates stayed negative while open interest rose from $30.88 billion to $34.26 billion. The piece also says wallets holding 1,000–10,000 BTC fell by 80,000 BTC during the rally.

BTC-0.28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin