BITCOIN’S FUNDING RATE DIVERGENCE RAISES RED FLAGS AS PRICE NEARS KEY RESISTANCE
https://i0.wp.com/img.cryptoquant.com/200133/quicktake/hCMZR_08942f27c81a4a4bda64def5d83631ecae8bc59155571c92124a16122e979068.png?resize=1280%2C720&ssl=1
✍️ Bitcoin's price has rebounded strongly, recovering from a low of $74,000 to trade above $95,000, but some underlying metrics suggest that investors remain cautious.
👉 Bitcoin's price has rebounded strongly, recovering from a low of $74,000 to trade above $95,000. 👉 Some underlying metrics suggest that investors remain cautious. 👉 Funding rates have turned negative again, indicating a dominance of short positions or hedging behavior among traders in the derivatives market. 👉 The Short-Term Holder Realized Price (STH-RP) is a metric worth assessing Bitcoin's macro trend. 👉 A pullback may occur in the short term, but the retracements could strengthen the overall market structure if they result in healthier accumulation and shake out weak hands.
-- #ShayanBTC #SamuelEdyme #technology
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