An exchange: Bitcoin funding rates declining indicates real buying interest
Foresight News reported that an exchange tweeted that BTC has risen over 20% within a week, and the funding rate has already cooled down. Usually, price increases driven by leverage keep the funding rate high, but this time, after a brief spike during the breakout, the funding rate quickly returned to the baseline level. This is a signal of genuine buying rather than overcrowded long positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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