While #Bitcoin is breaking #bullish lots of shorts are getting loaded up, and #fundingrates are going negative again and we are breaking above the key resistance now!

WE ARE GOING HIGHER 🚀
#BTC $BTC

$ETH annualized funding is at the baseline—or very close to it depending on the exchange—and the gas prices are moderate to moderate high.

#ethereum #eth #funding #fundingrates

Binance is showing some bearish signs right now! According to CryptoQuant, negative funding rates indicate that traders are anticipating a price drop. This could lead to downward pressure on prices, so stay vigilant and do your own research before making any trades. #fundingrates #BTC #BearishTrends

Whenever you see negative #fundingrates on #Bitcoin in a #bullmarket

You #buy
$BTC #BTC

We're starting to gather and store funding rates data for the incoming launch of our Funding Heatmap tool in June.

Any particular feature of functionality that you'd like to see in this tool? We're reading you.

#funding #fundingheatmap #fundingrates

#Binance is feeling a bit bearish right now!? 🐻

According to CryptoQuant, the funding rates are negative, which means traders are betting on a price drop. 📉 This could put some downward pressure on prices. 🤦

Keep an eye on this, as it might affect your trades. DYOR!! #fundingrates #BTC #BEARISH📉

Thanks CryptoQuant for insights!!

#Binance is feeling a bit bearish right now!? 🐻
According to CryptoQuant, the funding rates are negative, which means traders are betting on a price drop. 📉 This could put some downward pressure on prices. 🤦
Keep an eye on this, as it might affect your trades. DYOR!! #fundingrates #BTC #BEARISH📉
Thanks CryptoQuant for insights

Bitcoin’s funding rate as of the current date and time (09 September 2024, 02:37 AM Pakistan time):

The funding rate chart shows the market sentiment, indicating whether long positions or short positions are dominating.
- **Highest Funding Rate**: This means that in these pairs, longs are more dominant, so those holding long positions are paying those in short positions. dYdX MATIC/USD has the highest funding rate at 0.1250%, indicating that longs are dominating here.
- **Lowest Funding Rate**: These are the pairs where shorts are dominating, and they are paying those in long positions. Bybit CVC/USDT’s rate is -0.4804%, indicating a significant dominance of shorts.
- **BTC Funding Rate**: Currently, Bitcoin’s funding rate is negative at -0.0067%, showing that short positions are slightly more dominant in the market, and a bearish sentiment is prevailing to some extent.

This funding rate helps gauge the market sentiment and pressure, aiding in trading decisions.

#fundingrates #cryptonews #Newupdates #news

Bitcoin funding rate as of date and time (10 September 2024, 06:22 PM Pakistan time)

**Highest Funding Rate:**
- OKX KISHU/USDT: 0.1216%
- OKX CVX/USDT: 0.0589%
- OKX CTC/USDT: 0.0571%
- OKX JST/USDT: 0.0429%
- Bitget VGX/USDT: 0.0411%

These positive funding rates indicate that long position holders in these pairs are paying short position holders. This means there is more buying pressure in the market or more people are holding long positions, reflecting a bullish sentiment in the market.

**Lowest Funding Rate:**
- Bybit AERGO/USDT: -0.4376%
- Bybit AKT/USDT: -0.2034%
- Bitget AKT/USDT: -0.2028%
- Binance AERGO/USDT: -0.1951%
- Binance REEF/USDT: -0.1773%

These negative funding rates show that short position holders are paying long position holders, which indicates that there is more selling pressure in these markets, or more people are holding short positions, reflecting a bearish sentiment.

Funding rate analysis helps in understanding where the market interest is—bullish (positive rates) or bearish (negative rates). This is useful for traders to gauge future market dynamics and positioning.

#btc #binance #fundingrates #news