Funding fees and market equilibrium: What does this mean for Bitcoin?

The current funding fees for #Bitcoin are at a stable level and show a balanced ratio between short and long positions - a positive sign for the health of the market.

The weekly chart shows that high funding fees in previous bull markets often followed an extreme price increase.

Currently, however, funding fees remain low, which means that there is no clear excess of long positions and the typical FOMO of a bull market top has yet to materialise.

This balance could indicate that the market has further upside potential before an overbought situation materialises.