How funding rates reflect crypto market dynamics

📌 How funding rates reflect crypto market dynamics

$\\n \\n$BTC Shedding light on movements defining the crypto frontier. Bitcoin$

$BTC Shedding light on movements defining the crypto frontier

Considering recent trends, it seems wise to: buy (steady growth 📈)

– Focusing on Bitcoin (BTC) now: 94268.09 ( 0.17%🍀)

– Today’s funding index “-0.0103%” (mild short-side pressure):

✴️⬜⬜⬜⬜⬜⬜⬜⬜⬜

– Tracking Open Interest: 54.672B

– Active liquidation recap (24h):

Short traders: -22.532M

Long traders: 4.092M

#Bitcoin #BTC

Bitcoin

$111,204.15

BTC 1.84%

Ethereum

$2,644.86

ETH 2.21%

Binance Coin

$679.87

BNB 1.42%

XRP

$2.42

XRP 0.11%

Dogecoin

$0.24

DOGE 2.02%

Cardano

$0.80

ADA 3.21%

Solana

$178.25

SOL 2.86%