Bitcoin Short Squeeze Flushes Out Late Longers as Funding Turns Negative: Cla...
Bitcoin is struggling to reclaim the $90,000 level as selling pressure continues to dominate across the crypto market. The sharp decline from the all-time high has fueled growing speculation that the current cycle may have already peaked, with many analysts now calling for the beginning of a bear market. Sentiment has shifted rapidly, and fear is spreading as traders question whether the bullish structure has been permanently broken. Related Reading: Bitmine Scoops Up Another 28,625 Ethereum ($82.1M) as Market Bleeds – Details However, not everyone agrees with the bearish outlook. A....
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On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market. Bitcoin All Exchanges Funding Rate Has A Red Value Right Now As pointed out by an analyst in a CryptoQuant post, BTC may see a slight uplift in the short term […]
Data shows the Ethereum Funding Rate has declined into the negative zone. Here’s what has usually followed this trend in the last two months. Ethereum Funding Rate Suggests Traders Are Now Bearish As explained by analytics firm Santiment in a new post on X, shorts are dominating the Ethereum derivatives market now. The indicator of […]
Bitcoin price saw a sudden 2.5% drop after hitting as high as $19,570 in an overnight rally. The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback.Bitcoin spiked to around $19,600 because of the momentum of its relief rally and negative futures market funding rates. But, it rejected the same level it broke down from since November due to the selling pressure from whales.Bitcoin 1-hour price chart (Coinbase). Source: TradingView.comA relief rally for....
The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant cryptocurrency rises. The term short squeeze refers to a scenario where traders are increasingly betting against Bitcoin but BTC goes up. As BTC increases, short […]
Analysts are cautiously bullish on Bitcoin price after BTC surged 6% to $10,750. Today the price of Bitcoin (BTC) abruptly rose by 6% from $10,136 to as high as $10,743. After this powerful 24-hour rally, analysts are now turning cautiously bullish for various reasons but will Bitcoin price be able to tackle the $11K mark any time soon?Cryptocurrency daily market performance snapshot. Source: Coin360Currently, the factors that appear to be lifting investor sentiment are negative funding rates, BTC whale activity, and the U.S. dollar’s recent weakness.Funding rates are neutral or negative....