🤔 $BTC #CryptoQuant : Binance Funding Rates Trending Negative

This chart was originally used to compare Binance Funding Rates (FR) and Bitfinex Reserve during the last bull market. While it hasn’t been as reliable recently, the Binance FR turning negative again prompted me to re-evaluate it.

Since 2023, this marks the third time the FR has entered negative territory for an extended period. As I continue to monitor the market, this could signal the potential for significant market movements ahead.