Odaily Planet Daily News CryptoQuant data shows that as of November 15, the 7-day average funding rate of Bitcoin perpetual contracts was about 0.02%, reaching a two-year high and close to the level of the last quarter of 2021. In addition, Deribit data shows that the majority of options bets are bullish on Bitcoin, and Bitcoin is expected to reach $40,000 or even $45,000, indicating that $40,000 may become a key test area for Bitcoin's rebound. (Bloomberg)
