As $BTC continues forming HIGHER LOWS, Funding Rates are moving closer to NEGATIVE TERRITORY.


This signals that bears are DOUBLING DOWN on their short positions in real time.
I don’t think this will have a major impact on the short-term price action.
But on the MID TO HIGH TIMEFRAMES, this is exactly the environment that will fuel a large reversal to the upside in the coming weeks and months.
BTC1.47%
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