@meetfr.base.eth
BTC Funding Rates Flash a Short-Side Excess. Shorts dominate making funding rates negative. Shorts pay longs. Majority of traders is convinced next is another leg-down.
Just the opposite often happens. Either a short lived bounce or trend reversal. Shorts liquidation gives additional fuel to potential bounce rally.
The signal has just flashed, so it might take some time to play out.
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