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Crypto Express

08/09 10:57

How THIS price zone could decide BTC’s next rally

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 How THIS price zone could decide BTC’s next rally

Bitcoin’s [BTC] derivatives market has experienced a noticeable sentiment shift, with Perp Funding Rates falling below 0.1% after peaking at euphoric levels. 

This drop indicates a cooling in aggressive leveraged long positions and growing trader caution. 


Despite Bitcoin hovering near $117,000, this funding contraction suggests a reduction in speculative activity on exchanges.

Therefore, the lower Funding Rates may point to a market breather rather than sustained bullish conviction, especially as derivative traders hedge against increased volatility.
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