brypto

Bitcoin sitting currently at negative funding rate, which means there are much more shorts than longs open in the market. This is how a healthy market should look like. Continue up!

Despite the big pump in the recent days Bitcoin funding rate is still negative which is a very good sign. This means that there are currently more shorts than longs opened. More people betting on lower targets than on higher targets, and this happening right now while BTC sits at 96k. Crazy!

Web3 degen and a swing trader.

A Rider 🏍⚡️

Yeah. Negative funding means shorts are paying longs to keep positions open. Historically a great setup for upward moves when price holds steady.

1500 $Degen