BTC perpetual funding has tripled in four days — from roughly 3% to 10% annualized — as price reclaimed $86.5K. Open interest added $2.3B (about 27,000 BTC) over the same stretch, climbing from 626K to 653K BTC.
That combination (price up, OI up, funding spiking) means new leveraged longs are driving this move, not just shorts covering. And they're paying for the privilege: at 10% annualized, longs are handing shorts a real carry cost every 8 hours just to stay positioned. That's the kind of setup that unwinds violently if $86.5K fails to hold — funding resets fast and the same leverage that pushed price up becomes forced-seller supply on the way down.
Worth watching whether funding keeps climbing into the next CPI/jobs print or starts rolling over first — that's usually the tell for which way the squeeze goes.
What annualized funding rate is your personal signal to start trimming longs instead of adding to them?
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT
tokenbot.com
That combination (price up, OI up, funding spiking) means new leveraged longs are driving this move, not just shorts covering. And they're paying for the privilege: at 10% annualized, longs are handing shorts a real carry cost every 8 hours just to stay positioned. That's the kind of setup that unwinds violently if $86.5K fails to hold — funding resets fast and the same leverage that pushed price up becomes forced-seller supply on the way down.
Worth watching whether funding keeps climbing into the next CPI/jobs print or starts rolling over first — that's usually the tell for which way the squeeze goes.
What annualized funding rate is your personal signal to start trimming longs instead of adding to them?
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT
tokenbot.com