๐ธ Funding rates on Bitcoin are significantly reset. Over the past month, the number of "short" days with negative funding has exceeded 50%. In the context of the last year (a bull market), this situation has occurred three times:
From September (just like now) to mid-October 2023Mid-April to May 2024 (due to the onset of the Iran-Israel conflict)The current time
โ
Each of these "balances" corresponded with the formation of a bottom, both local (2) and global (1)
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20201110/87496d50-2408-43e1-ad4c-78b47b448a6a.png)
BTC
105,039.6
+1.45%