Funding Rate Comparison (2021 vs 2024)

- Funding rate shows the current market sentiment: higher funding rate typically occurs during a strong bull market, while high negative funding rate occurs during a strong bear market.

- During the last bull market peak in 2021, funding rates spiked significantly, which signaled an overheated market with excessive leverage.

- Currently, even at 84K $ BTC funding rate remains insanely low compared to the last bull market, which could indicate that the market isnt hard leveraged and the FOMO hasn’t even kicked in yet.

- The lack of the funding rate spike indicates, possibly that the money printer hasn’t even started yet, meaning big money may still be on the sidelines, waiting to push the market further.

- If this about to play out, shorts are cooked and our bag´s going to valhalla 🔥