CryptoQuant official tweet analyst Avocado pointed out that although Bitcoin has rebounded more than 20% from recent lows, the funding rate of the CEX contract is still in negative territory, and the current investor sentiment and price trend indicate that Bitcoin is likely to break through the previous all-time high. Note: When the funding rate is positive, the long position needs to pay the funding fee to the short position. When the fee rate is negative, the short position needs to pay a funding fee to the long position.
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CryptoQuant official tweet analyst Avocado pointed out that although Bitcoin has rebounded more than 20% from recent lows, the funding rate of the CEX contract is still in negative territory, and the current investor sentiment and price trend indicate that Bitcoin is likely to break through the previous all-time high. Note: When the funding rate is positive, the long position needs to pay the funding fee to the short position. When the fee rate is negative, the short position needs to pay a funding fee to the long position.