$BTC Funding Rate Update – December 22, 13:30 UTC
📊 Current Funding Rate:
• Open Interest Weighted Funding Rate: 0.0085%
• Volume Weighted Funding Rate: 0.0085%
💡 What Does It Mean?
• Positive funding rates mean long traders pay fees to short traders, signaling higher demand for long positions.
• This reflects bullish sentiment, indicating strong buyer interest.
🔑 Why It Matters:
• A positive funding rate suggests the market could trend upwards.
• Use this data to refine your short-term trading strategy.
Trade wisely and stay updated! 📈🚀
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