Mr. Daniee🦅
@mrdaniee
Using 7-day average funding rates from top exchanges to spot pivot points: - Rates above 0.01% per 8 hours indicate high demand for long positions - Since March 2024 ATH, long position demand decreased - May rally briefly positive, then neutral to negative - Recent $54k rally example of over-leveraged long liquidations - Current below-neutral rates suggest no rush for new longs since July low
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