Bitcoin Bears Dominate Futures Market as Funding Rate Turns Negative—What Could Happen Next?

Bitcoin continues to consolidate amid uncertainties, but funding rates have turned negative, revealing the behavior of a chunk of market traders. The Bitcoin price range between $62,000 and $66,000 has come with a noticeable shift in derivatives positioning, with futures data showing sellers still firmly in control.Visit Website

Bitcoin Bears Dominate Futures Market as Funding Rate Turns Negative—What Could Happen Next?

Bitcoin continues to consolidate amid uncertainties, but funding rates have turned negative, revealing the behavior of a chunk of market traders. The Bitcoin price range between $62,000 and $66,000 has come with a noticeable shift in derivatives positioning, with futures data showing sellers still firmly in control.

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