Bit361

07/06 10:32

Positive funding reflected sustained bullish

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Positive funding reflected sustained bullish conviction Derivatives markets continued reinforcing Solana’s improving outlook through healthy funding conditions.  At press time, the OI-Weighted Funding Rate remained positive at 0.0027%, indicating leveraged traders had continued paying to keep long positions open. This reading reflected steady demand for bullish exposure without reaching levels that typically signal excessive speculation.  Throughout the recent recovery, funding had remained largely above the neutral line despite temporary fluctuations. Such behavior suggested buyers had consistently supported the trend rather than chasing prices aggressively.  However, funding also stayed relatively moderate, reducing concerns that leverage had become overheated. If Open Interest expands alongside positive funding over the coming sessions, leveraged participation could provide additional support for Solana’s ongoing recovery.

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