🔥 #Funding Recent rates in the derivatives market #Bitcoin are positive, reflecting more buying demand than short selling. However, this positive level is still quite low, showing that capital flows from bullish speculative groups are not really strong in the current Bitcoin futures market.
Looking at the chart, we can also partly see the correlation of Funding Rates with Bitcoin's price line. When Bitcoin price increases sharply, Funding Rates tend to increase and reach a higher positive level. Conversely, when Bitcoin prices plummet, Funding Rates tend to be negative, reflecting more short-selling demand and expectations of price drops in the market.
