📌 How funding rates impact market leverage positions
$BTC The health of the crypto market at a glance
Drawing from current data, it might be prudent to: buy (steady growth 📈)
– The current BTC market read: 64339.37 (+0.20%🍀)
– Financing rate “-0.0167%” (mild short-side pressure):
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– Present OI value: 46.656B
– Ongoing liquidation counts (24h):
Bearish side (short): -36.358M
Long-focused traders: 37.945M
#Bitcoin #BTC