Pritesh Nandle
@07preet
๐๐ ๐๐ง๐ ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฎ๐น ๐ฐ๐ผ๐บ๐ถ๐ป๐ด? The funding rate on #Binance has reached its lowest level since October 2023. The last time it was this low, #BTC was trading around $26,000. ๐โ๐ฆ ๐๐ ๐กโ๐๐ ๐๐๐๐๐๐ก๐๐๐ก? โถ๏ธ Low funding rates often imply that market greed has gone down. โถ๏ธ It also signals that shorts are going up (given that OI is increasing), which usually results in a short squeeze.
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