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KhannAmirr
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🚀 Bitcoin Funding Rates: What's Happening Today? Curious about the current Bitcoin funding rates? As of August 16, 2024,here's the latest on the fees traders are paying to keep futures prices aligned with spot prices. 📉 Funding Rates Across Major Exchanges Bitcoin funding rates vary across different platforms: Binance: -0.0110% OKX: -0.0041% dYdX: -0.0169% These rates reveal the ongoing battle between long and short positions, with traders paying each other based on market trends. 🔴 Highest Funding Rates Where are long positions paying the most? Bybit leads with some eye-popping numbers: Bybit BTT/USDT: 0.1661% Bybit NEIROETH/USDT: 0.0684% These elevated rates indicate bullish sentiment, with longs paying shorts more to maintain their positions. 🟢 Lowest (or Negative) Funding Rates In contrast, some pairs show shorts paying longs: Bybit RARE/USDT: -1.5659% Binance RARE/USDT: -1.3092% Bitget RARE/USDT: -1.1914% These negative rates reflect bearish sentiment, where shorts dominate the market. Funding rates constantly fluctuate, providing a snapshot of the market's pulse. Keep an eye on these rates as they offer valuable insights into the market’s sentiment! ✅ Like ❤️ | Comment 💬 | Retweet 🔁 @KhannAmirr #LowestCPI2021 #btcupdates2024 #BinanceLaunchpoolTON #MarketDownturn #Write2Earn!
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🚀 Bitcoin 4-Hour Analysis: What's Next for BTC? August 16, 2024 !! Support and Resistance Levels: 🔍 Bitcoin is currently finding immediate support around $57,000. On the flip side, major resistance is looming at $60,000, a level where the price was previously rejected. Will BTC break through, or will we see another pullback? RSI Insights: 📊 The Relative Strength Index (RSI) is hovering around 40, indicating weak momentum. Although not yet in the oversold zone, there's a subtle downward pressure. Could this signal more declines, or is a reversal on the horizon? MACD Crossover Alert: ⚠️ The MACD lines have crossed, with the orange line overtaking the blue—an indication of a bearish trend. Downward momentum seems to be dominating, but could we see a shift soon? Volume Analysis: 🔍 Volume remains stable, with no significant spikes suggesting sudden heavy buying or selling pressure. Is the market waiting for a trigger? Fundamental Factors at Play: 📰 Macroeconomic factors, such as inflation reports and FED policies, are currently impacting the crypto markets, contributing to short-term bearish pressure. Will these forces continue to weigh on BTC? ⏳ The Big Question: With downside pressure potentially increasing in the coming hours, the key is whether support at $57,000 holds. If it does, there’s a chance for an upward bounce—are you ready? ✅ Like ❤️ | 🗯️ Comment 💬 | ♻️ Follow 🔁 @KhannAmirr #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #Write2Earn! #BinanceSquareFamily
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PATTERNS & STRUCTURE !! #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
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Theta + Vegas !!
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NOW - Biden: "We gonna have a soft landing. My policies are working. Start writing that way, ok."
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