Vetle Lunde, an analyst at K33 Research, has observed a critical trend in the Bitcoin market. For more than a month, Bitcoin's perpetual futures funding rates have consistently stayed below neutral.
This long-term bearish sentiment reflects a potential decline in Bitcoin sellers, indicating a shift in market dynamics. Investors and stakeholders are closely monitoring this evolution, as it can significantly impact future Bitcoin trades and strategies.
Source: en.bitcoinhaber.net ↗