The market is pessimistic again. Do you dare to open a position/increase your position?
The recent perpetual futures funding rate does not look optimistic. This is the sixth time such pessimism has appeared since November 2022.
Whenever the funding rate continues to be negative, it usually indicates that the demand for short orders in the market is increasing, that is, everyone is suppressing short selling.
However, based on past experience, this situation generally indicates that the seller is close to "exhaustion" and there may be a rebound next. Of course, this does not guarantee that the price will not continue to fall.
In general, this negative rate area is often regarded as a potential layout opportunity. Although the market sentiment is not good, it may be the time when opportunities quietly appear.