🔥 The hottest topic in the square today: #比特币 perpetual contract funding rate hits a 20-month high (1014 discussion). In coordination with tonight’s Fed minutes, the signals are quite tangled.
Here’s the data:
• Total 24h futures liquidations across the entire network: $206 million, with long positions accounting for 58%
• BTC is stuck around 64,250; the Fear & Greed Index is 41 (neutral)
• New funding rate high = leveraged long crowding
My take: A new funding rate high + long liquidations are usually a reverse shakeout, not the end of the trend.
But with the Fear & Greed Index at 41 (neutral) and the 30-year U.S. Treasury yield near a 20-year high, it suggests real selling pressure from above.
Don’t chase at the FOMO peak—wait for a pullback to the key structure level, then re-evaluate.
Are you bullish, or do you think a correction is coming? Join the debate in the comments.$BTC
Here’s the data:
• Total 24h futures liquidations across the entire network: $206 million, with long positions accounting for 58%
• BTC is stuck around 64,250; the Fear & Greed Index is 41 (neutral)
• New funding rate high = leveraged long crowding
My take: A new funding rate high + long liquidations are usually a reverse shakeout, not the end of the trend.
But with the Fear & Greed Index at 41 (neutral) and the 30-year U.S. Treasury yield near a 20-year high, it suggests real selling pressure from above.
Don’t chase at the FOMO peak—wait for a pullback to the key structure level, then re-evaluate.
Are you bullish, or do you think a correction is coming? Join the debate in the comments.$BTC