What today’s funding rates mean for crypto positions

📌 What today’s funding rates mean for crypto positions

$\\n \\n$BTC Capturing a snapshot of the crypto narrative unfolding now. Btc$

$BTC Capturing a snapshot of the crypto narrative unfolding now

Taking these clues into account, the stance could be to: buy (potential recovery 📈)

– Surveying the current BTC benchmark: 108133.77 (-0.01%🔻)

– Present funding rate “-0.0135%” (moderate bearish tilt):

✴️⬜⬜⬜⬜⬜⬜⬜⬜⬜

– Today’s Open Interest reading: 70.305B

– Today’s Liquidations (24h):

Short exposure: -1.053B

Long side: 10.662M

#Bitcoin #BTC

Bitcoin

$108,351.05

BTC -0.63%

Ethereum

$2,550.87

ETH -1.36%

Binance Coin

$660.71

BNB -0.42%

XRP

$2.28

XRP 0.38%

Dogecoin

$0.17

DOGE -2.47%

Cardano

$0.58

ADA -1.92%

Solana

$149.93

SOL -1.82%