Bitcoin $75,000 breakout fails but a rare signal is hinting at major market bottom
Burns Brief
Derivatives funding rates have now remained negative for 46 days, a streak last seen following the FTX crash which marked the bottom of 2022's crypto winter Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Derivatives funding rates have now remained negative for 46 days, a streak last seen following the FTX crash which marked the bottom of 2022's crypto winter.
Key Takeaways
- Derivatives funding rates have now remained negative for 46 days, a streak last seen following the FTX crash which marked the bottom of 2022's crypto winter