On-Chain Funding Fee Research #BTCโ
Generally, when funding fees spike sharply and rise significantly compared to recent trends, it often indicates a short-term peak. ๐
This situation occurs when the funding fee increases to about three times the recent market rate.
โ By regularly reviewing the Bitcoin chart, this can be valuable for predicting short-term highs. ๐
Currently, the market outlook is positive since funding costs are lower than in recent months. ๐
Conclusion: LONG LIVE $BTC โฅ๏ธโฅ๏ธ
Good luck to all crypto investors! ๐