$BTC $ETH funding rates have completely turned bearish! Is the contrarian indicator lit?
Crypto friends, pay attention!
The crypto market has seen extreme volatility again—BTC just reached the $90,000 threshold and faced a sharp drop, quickly retracting to the $87,000 range.
This directly triggered a collective turn to green funding rates across major exchanges, and market sentiment shifted overnight from restlessness to full bearishness, filling the atmosphere with panic!
Newcomers may not be clear yet: the funding rate is the emotional barometer of the perpetual contract market:
When the rate is positive, bullish sentiment is high and willing to pay the bears.
Once it turns negative, it means that contract players are collectively pessimistic, and the bears start to dominate.
History has repeatedly proven that such one-sided bearishness is often a precursor to a rebound.
Just like at the beginning of 2023, when the funding rate continued to show green while the market was in despair, Bitcoin quietly started to rebound, soaring from $20,000 all the way to $30,000; the more extreme the sentiment, the stronger the reversal.
At this moment, retail investors mustn't lose their footing: do not blindly follow the trend to short; the main players love to use extreme emotions to stage a double kill of both bulls and bears.
Try to hold onto your spot positions; sharp drops in a bull market are mostly for washing out positions, aimed at scaring off weak holders.
If you want to buy at the bottom, make sure to allocate in batches; avoid going all in to fully expose yourself to risk.
Opportunities in the market are always born out of despair; maintain calm when others are fearful.
This wealth train has already sounded its horn; will you choose to follow or watch it pass by?
Follow Yi Ge, and lock in every precise strike from the Swiss God!
The chat room updates daily with specific entry timing and real-time news, guiding you to accurately match the market rhythm!
