Just noticed BTC funding rates hit a three-month low, which is pretty interesting timing. When shorts get this crowded and funding rates compress like this, it usually sets up for a squeeze. Currently sitting around 74.64K, so watching to see if we get a bounce from here. The setup looks worth monitoring - could be a quick move if longs start covering. Not financial advice obviously, but this kind of signal is worth keeping an eye on in the current market environment.

BTC-0.51%
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