Q: Funding rates on major CEXs and DEXs currently suggest the market is neutral to bearish. What’s your take?
A: I’m leaning neutral. We’ll have to look back after some time to judge how significant this is. Signals deserve more weight when news and price action are moving in the same direction; when they diverge, it’s wise to be a little more cautious.
$BTC , down 1.32% intraday.
A: I’m leaning neutral. We’ll have to look back after some time to judge how significant this is. Signals deserve more weight when news and price action are moving in the same direction; when they diverge, it’s wise to be a little more cautious.
$BTC , down 1.32% intraday.