🔸 Funding rates on Bitcoin are significantly reset. Over the past month, the number of "short" days with negative funding has exceeded 50%. In the context of the last year (a bull market), this situation has occurred three times:
From September (just like now) to mid-October 2023Mid-April to May 2024 (due to the onset of the Iran-Israel conflict)The current time
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Each of these "balances" corresponded with the formation of a bottom, both local (2) and global (1)