Positive funding means long traders are currently paying short traders, showing there is slightly more demand for leveraged long positions.
But the important part:
Funding is positive, but it is still relatively controlled.
We are not seeing the extreme funding levels that typically appear when the market becomes heavily one-sided and vulnerable to a large liquidation event.
My view:
Right now, traders are positioning for a move, but leverage does not look overly stretched.
The main thing I’m watching is how funding develops alongside open interest.
If Bitcoin moves higher while funding remains controlled, that would suggest healthier positioning.
If open interest rises aggressively and funding starts becoming overheated, then the risk of a long squeeze increases.
For now, funding is not giving me a major warning signal.
It shows traders are slightly favouring the upside, but the market is still waiting for price to confirm the next move.$BTC
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.255 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.00410 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.000845 holds, upside continuation toward the listed targets remains the higher-probability path.
Since the big bounce on tech stocks at the end of last week, we have seen $BTC and Crypto severely underperform again.
As mentioned before, it really is a liquidity rotation. Crypto was a good speculation vehicle when everyone's favorite memory stocks were down -50% in the matter of weeks, but with bounces there, crypto has been lagging again.
There is some low timeframe correlation between the two still, but in this current market environment, I think $BTC and crypto would ideally see a sideways stock market for some time.
The more action there is in the stock market, the more it will attract speculation and investors. It is something we've been seeing for a long time now.
Price is approaching a key resistance zone after a recent recovery, with buying momentum beginning to fade. Lower highs and increasing selling pressure suggest sellers remain in control. As long as $0.0472 remains untaken, downside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.000845 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.0314 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.00410 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers continuing to defend the current range. Higher lows and strengthening momentum suggest bulls remain in control. As long as 0.255 holds, upside continuation toward the listed targets remains the higher-probability path.
Price is holding above a key support zone, with buyers steadily defending the current range. Higher lows and improving momentum suggest bulls remain in control. As long as 0.00465 holds, upside continuation toward the listed targets remains the higher-probability path.