Bitcoin funding rate (30D) on Binance has just fallen into its deepest negative zone in many years.

According to CryptoQuant’s BTC funding rate (30D) indicator, during this recovery phase, it is rare to see this kind of condition within a single cycle (October 2022, June 2021, April 2020). History often shows that when the majority believes “it will keep falling,” the market begins to reset and move against expectations. This is an extremely important psychological threshold — while most people think it will decline further, price may instead recover significantly from this zone.

This is not a guaranteed bottom signal, but it is an extreme sentiment area worth paying attention to. More capital flow indicators should be monitored for further confirmation.