Home Cryptocurrency Multi-day negative Bitcoin funding signals ‘overcrowded’ short trade: Time for a reversal?

Multi-day negative Bitcoin funding signals ‘overcrowded’ short trade: Time for a reversal?

Multi-day negative Bitcoin funding signals ‘overcrowded’ short trade: Time for a reversal?

Bitcoin’s daily funding rate has been deeply negative for days, reflecting heavy short positioning, but historical data also suggests that a squeeze on bears could be brewing.

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