🔥 The funding rate has turned negative The interest rate for financing, or the Funding Rate of Bitcoin, has become severely negative. 🔍When the funding rate turns negative, it means the absolute majority of the market is opening short positions, and the selling pressure is so high that sellers are forced to pay buyers to keep their positions open. Historically, when the funding rate reaches this level of negativity, it means the market is oversold and negative sentiment (FUD) has peaked. ‼️The market loves to move against the crowd. When everyone is short, a small upward movement is enough to trigger a good liquidation.
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