Bitcoin Funding Rate at Zero: Is a Bull Market Beginning?

Cryptocurrency market analyst and macroeconomist Alex Adler has brought an important signal from Bitcoin market data to the attention of the community. In his latest post on the social platform X, he highlighted a key indicator that has repeatedly predicted significant price movements: the Bitcoin funding rate on major exchanges such as Binance, Bybit, and OKX, which has in turn dropped to zero.

Each time this has happened in the current cycle, Bitcoin has shown a sharp increase. Could this mean that the market will finally be able to recover and show positive dynamics? Numerous data points to exactly this.

Adler shared a chart showing that the average funding rate on the largest exchanges has reached zero. This rate reflects the balance between long (bullish) and short (bearish) positions in Bitcoin futures.

According to Adler, in previous cases where the funding rate has reached zero, Bitcoin has quickly gained momentum and started to rise.