$BTC is showing us something important lately
$BTC broke above $80k then pulled back and currently sitting at $78k
Meanwhile $ETH funding rates have reached a 1 year high
What does that actually mean? ๐ค
When funding gets extremely high, it can give a sign that too many traders are leaning the same way
And when the market moves against them, leverage can turn a small pullback into a big one ๐ค
Don't watch price alone, watch the leverage behind it too ๐ง
#BTC #Ethereum #BinanceSquare
$BTC broke above $80k then pulled back and currently sitting at $78k
Meanwhile $ETH funding rates have reached a 1 year high
What does that actually mean? ๐ค
When funding gets extremely high, it can give a sign that too many traders are leaning the same way
And when the market moves against them, leverage can turn a small pullback into a big one ๐ค
Don't watch price alone, watch the leverage behind it too ๐ง
#BTC #Ethereum #BinanceSquare