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Crypto Patel

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Crypto Patel
@CryptoPatel

Why Bitcoin Funding Rates Smash Longs Before Next Moon Mission

$BTC high funding rates signal market confidence, with heavy longs outweighing shorts.

This sets the stage for periodic squeezes that liquidate overleveraged longs, allowing #Bitcoin to consolidate and prepare its next leg higher.

Healthy behavior for a maturing market.

#cryptomarket

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February 17, 2024 at 11:55 AM

Twitter@CryptoPatel|11:44 AM - Feb 17, 2024
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