Crypto funding rates have plunged to -0.015%, the lowest since the 2022 bear market (Terra/LUNA crash & FTX collapse), per Glassnode data amid a Oct 11 flash crash liquidating $19B. bitcoinethereumnews.com +1 This signals major deleveraging: shorts dominate, longs de-risk, volatility drops, and leveraged trading volume shrinks. Implications: Bearish short-term: Echoes 2022's 75% BTC drop; caution as market rebalances. Potential bottom: Oversold conditions may spark rebound if sentiment shifts. BTC up 5% from $101k lows. Watch for positive rates reversal.
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When Bitcoin's price is above its 200-day moving average, it suggests a bullish long-term trend, indicating sustained buying pressure. If below, it signals a bearish trend, reflecting selling dominance. Crossovers can hint at trend reversals, but confirmation with other indicators is key.
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Post-halving (April 2024), Bitcoin's supply shrinks as block rewards drop from 6.25 to 3.125 BTC, tightening availability. Demand, fueled by institutional adoption and halving hype, often surges, historically driving price spikes (e.g., +150% post-2020). In 2025, with $70B options open interest, scarcity could push prices toward $100K if demand holds.
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