As the bitcoin price rises, futures may look bearish, but they're not, analyst says
Burns Brief
Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.
Key Takeaways
- Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play