📌 Why funding rates matter in crypto futures trading
$BTC A quick look at today’s crypto conditions
Reflecting upon recent moves, it suggests we should: buy (potential recovery 📈)
– Bitcoin (BTC) current position: 103341.22 (-0.01%🔻)
– Funding parameter ” 0.0046%” (mild long-side pressure):
⬜⬜⬜⬜⬜⬜⬜⬜⬜⬜
– Tracking Open Interest: 63.545B
– Liquidation snapshot (24h):
Short exposure: -218.743M
Long-focused traders: 268.658M
#Bitcoin #BTC