Bitcoin's 7-day SMA funding rate climbed from roughly 0% to 0.003% in the last 24 hours. Historically, sustained Bitcoin rallies tend to kick off when funding rates break above the 0.01% threshold. The shift we're seeing now—while still modest—hints at growing leverage positioning in the market. Worth monitoring as the metric often signals whether retail and institutional players are getting increasingly bullish or if there's room for further upside before things cool off.