When funding rates increase too much, we can see sudden declines like the decline that occurred yesterday.
Since the current outlook remains positive, the price finds its value in a short time, but those who open futures transactions suffer great losses in these cleanups.
When funding rates increase too much, it shows that the vast majority open long transactions and that carrying long transactions is now very costly.
Therefore, when funding rates increase too much, long transactions are liquidated with a sudden decrease of 10-20% and funding costs are relieved.
In a bull market, you should always keep an eye on funding rates. When funding rates increase too much, taking profits and closing leveraged transactions protects your portfolio.
Other data generally continues to maintain its positivity. The long-term outlook is still positive. Only funding rates can cause problems from time to time.
You can follow this data for free on many sites by searching for "Funding rates", my friends.