$BTC

⚠️ $BTC Insight

Let's see the correlation between price and the current funding rate $BTC .

Interestingly, the current funding rate is at the same level as when it was at 60K.

Simply put, a high funding rate = overheat = correction (which has already happened, a correction from 108K to 93K)

Well, today's funding rate has cooled down, even bottoming.

This is a major indicator to move bullish at least for the next few weeks.

Regardless of the volatility, we get the data:

Correction = Buy the dip.