#Bitcoin pumping + funding rates turning less bearish 👀 As keeps climbing, @coinglass_com data shows bearish bias on CEX & DEX perpetuals is clearly fading. Quick explainer📊 📈Funding rate > 0.01% = mostly bullish (longs paying shorts) 📉Funding rate < 0.005% = mostly bearish We’re seeing the shift away from deep bear territory. Bullish continuation signal… or just a breather? Traders, what do you think — are the shorts getting tired or is this fakeout incoming? Drop your take 👇 bitcoin:native #Bitcoin #BTC #Crypto
BiKingShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.