Bitcoin Funding Rates Drop: A Possible Indicator of Local Bottom
Recent data from Glassnode highlights that Bitcoin funding rates have briefly turned negative. This occurrence marks the first instance of 2025 when such a downturn has happened. Historically, negative funding rates often foreshadow local price bottoms. Traders should take note of this trend. Analyzing historical data can provide valuable insights into the market and potential price reversals. Stay informed as these changes could signal significant opportunities for traders.
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