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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.đŽ
đâđŠ đđ đĄâđđ đđđđđđĄđđđĄ?đ€đ€đ€
â Low funding rates often imply that market greed has gone down.đđ
â It also signals that shorts are going up (given that OI is increasing), which usually results in a short squeeze.đđ