🔥 BTC Perp Funding Rate Hits 20-Month High

Bitcoin perpetual futures mein funding rate has reached its highest level in 20 months. This means that leveraged traders’ confidence in Long positions has become quite strong, but high leverage also has another side—if BTC loses support, long liquidations can accelerate selling pressure.

Now everyone’s watching the $66K resistance level. If BTC breaks this level with strong volume, then bullish momentum could become even stronger. 👀📈

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