The funding rates for Bitcoin on the 1-hour and 4-hour timeframes are both negative, which is not very friendly to the short sellers.


Short sellers face high costs and high congestion, so a short-term rebound is highly likely; only if the rebound does not break the previous high and short positions are added again, it will be a safer rhythm. #Gate蓝龙虾重磅上线 $BTC
BTC2,64%
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