$BTC

‏Bitcoin funding rates turn negative. 😳

When Bitcoin funding rates become negative, it means that the perpetual futures price is lower than the spot price, and traders holding short positions pay fees to those holding long positions. This indicates enthusiastic market sentiment with increased demand for the shortage, often signaling a potential local bottom or "short squeeze"

Short Squeeze

Followed by a strong and rapid rise

Don't forget to lighten your positions in currencies

at each peak

good luck