🚨 $BTC Futures Signal Update.

Funding Turns Negative

Something is happening in the derivatives market but it is not unusualā€¼ļø

šŸ“ŒFunding Rate just flipped negative

āž”ļø Traders are now being paid to go LONG

šŸ’” What does it mean?

ā™»ļøThe market is heavily short

ā™»ļøBearish positions are overcrowded

ā™»ļøSentiment is leaning strongly to the downside

āž• Here’s the interesting part:

Historically, when funding goes deeply negative like this…

šŸ‘‰ Bitcoin often starts a short squeeze šŸ“‰šŸ“ˆ

šŸ’¬ Translation:

Bears are getting too confident

And we’ve seen this movie before šŸ‘€

It doesn’t always end well for them, they will hunt the bears to trap them and boost confidence for bulls.

āš”ļø Bottom Line:

The market is overloaded with shorts…, which creates the perfect setup for a short squeeze .

Not guaranteed,Ā  but a key signal you don’t ignore .

Don’t be carried away,we are still in a bear market no matter what happens next.

Don’t over leverage.

Stay guarded.

#crypto