How funding rates indicate market pressure levels

📌 How funding rates indicate market pressure levels

$\\n \\n$BTC Taking stock of market whispers in the digital arena. Bitcoin$

$BTC Taking stock of market whispers in the digital arena

Weighing signals, we might anticipate: sell (extreme overheating 📉)

– Looking at Bitcoin (BTC) currently: 107017.81 | ( 0.66%🍀)

– Financing rate ” 0.1200%” (profound upward imbalance):

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– Today’s Open Interest reading: 66.147B

– Today’s Liquidations (24h):

Short-oriented positions: -959.649M

Long traders: 926.868K

#Bitcoin #BTC

Bitcoin

$118,405.40

BTC 0.27%

Ethereum

$3,764.64

ETH 5.16%

Binance Coin

$754.03

BNB 2.62%

XRP

$3.54

XRP 3.00%

Dogecoin

$0.28

DOGE 13.92%

Cardano

$0.88

ADA 5.50%

Solana

$182.00

SOL 2.75%