Funding rates stayed flat while $BTC ripped from $60K to $87K — that's the cleanest bullish signal you can get. No overheated longs, no euphoria premium, just pure spot bid. When price runs 45% and perpetual funding barely ticks up, it means real money is buying, not leverage degenerates.
This is the setup. When funding is quiet during a rally, the next leg up has room. The moment you see funding spike to 0.05%+ daily, that's your exit window — but we're nowhere near that. Right now? Continuation bias until the data says otherwise.
Watch for: OI climbing without funding pressure = institutions accumulating. If funding stays subdued and OI keeps rising, we're headed higher. Simple as that.
This is the setup. When funding is quiet during a rally, the next leg up has room. The moment you see funding spike to 0.05%+ daily, that's your exit window — but we're nowhere near that. Right now? Continuation bias until the data says otherwise.
Watch for: OI climbing without funding pressure = institutions accumulating. If funding stays subdued and OI keeps rising, we're headed higher. Simple as that.