𝗜𝘀 #BTC 𝗕𝗧𝗖 𝗿đ—Č𝘃đ—Č𝗿𝘀𝗼đ—č đ—°đ—Œđ—șđ—¶đ—»đ—ŽđŸ”Ž

The funding rate on #Binance has reached its lowest level since October 2023.

The last time it was this low, $BTC BTC was trading around $26,000.🔮

𝑊ℎ𝑩 𝑖𝑠 𝑡ℎ𝑖𝑠 𝑖𝑚𝑝𝑜𝑟𝑡𝑎𝑛𝑡?đŸ€”đŸ€”đŸ€”

✅ Low funding rates often imply that market greed has gone down.👇👇

✅It also signals that shorts are going up (given that OI is increasing), which usually results in a short squeeze.🏆🏆

$ETH $BNB #Bitcoin❗ #etherreum