Highlights of the Agenda: Geopolitics, Focus Report, IBC-Br, Results of Itaúsa and Sabesp in Brazil, Inflation in Canada, and Less Relevant Data in the USA #btc #bitcoin
🔸️ All quoted rates are for 8 hours; The #FTX and #dYdX rates are multiplied by 8, as they are quoted in hourly rates. Positive funding rates suggest that speculators are optimistic and that buyers pay funding to short sellers. Negative funding rates suggest that speculators are pessimistic and short sellers pay funding to buyers.
🔸️PS: 📉Funding rates (0.01%) are black, it is neutral. Funding rates (below 0.01%) are green, it is optimistic. 📈Funding rates (above 0.01%) are red, it is bearish. The stronger the bearish or bullish sentiment, the darker the color.