In the new week, Bitcoin ($BTC) reached levels unseen since January. Currently, the price #BTC has exceeded $82,000. Despite the price increase of $BTC, it is experiencing the longest period of negative funding in a decade. K33 Research President Vetle Lunde stated in his new report that the 30-day average funding rate has remained negative for 67 consecutive days. It was announced that this negative funding period even surpassed the period from March 15 to May 16, 2020. According to the analyst, maintaining a negative trend during the price recovery indicates that the market remained in a defensive position. Lunde also noted that prolonged periods of negative funding rates have historically coincided with market lows. "Historically, long periods of negative funding rates have typically been observed near market lows." This suggests that such situations generally have a positive impact on $BTC.

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