$ZEC OI-weighted funding rates have returned to neutral.
Despite the sharp rally, funding rates no longer indicate extreme bullish confidence.
Momentum has cooled, and prices are still far below their highs. Bulls need more than a story to prove that the next leg up is just around the corner.
No overheated funding rates. No clear bullish edge.
Despite the sharp rally, funding rates no longer indicate extreme bullish confidence.
Momentum has cooled, and prices are still far below their highs. Bulls need more than a story to prove that the next leg up is just around the corner.
No overheated funding rates. No clear bullish edge.
