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Points
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Futures
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HOT
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NEW
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NEW
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Top asset management team helps you profit without hassle
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BTC Staking
HOT
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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💵 Funding rate BTC has dropped to zero
Cryptoanalyst Alex Adler noticed this.
↗️ The indicator reflects the balance between long (bullish) and short (bearish) positions on BTC futures:
🟦Positive funding rate means that more traders expect the price of Bitcoin to rise.
🟦Negative rate indicates that traders are betting on the price to fall.
A zero rate indicates a balance between long and short positions, indicating market uncertainty.
According to the expert, in previous cases, when the funding rate reached zero, Bitcoin quickly gained momentum and started a sharp rise.
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