RT Santiment (@santimentfeed)🤯 BREAKING: According to aggregated funding rate data across crypto exchanges, this latest wave of short positioning is the most extreme seen since August 2024, a period that marked a major bottom for Bitcoin. At that time, funding rates also fell deep into negative territory as traders aggressively bet on further downside. Instead, the market reversed. The liquidations of overcrowded short positions helped ignite a powerful recovery, with Bitcoin climbing roughly +83% over the ...

RT Santiment (@santimentfeed)🤯 BREAKING: According to aggregated funding rate data across crypto exchanges, this latest wave of short positioning is the most extreme seen since August 2024, a period that marked a major bottom for Bitcoin. At that time, funding rates also fell deep into negative territory as traders aggressively bet on further downside. Instead, the market reversed. The liquidations of overcrowded short positions helped ignite a powerful recovery, with Bitcoin climbing roughly +83% over the ...

RT Santiment (@santimentfeed)🤯 BREAKING: According to aggregated funding rate data across crypto exchanges, this latest wave of short positioning is the most extreme seen since August 2024, a period that marked a major bottom for Bitcoin. At that time, funding rates also fell deep into negative territory as traders aggressively bet on further downside. Instead, the market reversed. The liquidations of overcrowded short positions helped ignite a powerful recovery, with Bitcoin climbing roughly +83% over the ...

🔗 Check in on the aggregated funding rates by exchange here, and feel free to toggle between hundreds of different assets to see how your favorites are doing: https://t.co/s8jWtI2hX7 ...

🤯 BREAKING: According to aggregated funding rate data across crypto exchanges, this latest wave of short positioning is the most extreme seen since August 2024, a period that marked a major bottom for Bitcoin. At that time, funding rates also fell deep into negative territory as traders aggressively bet on further downside. Instead, the market reversed. The liquidations of overcrowded short positions helped ignite a powerful recovery, with Bitcoin climbing roughly +83% over the following four months.When cr ...

Welcome back to the crypto channel everyone. My name is Josh and right now Bitcoin is starting to massively bounce from this level of support potentially bringing this price collapse towards the end of the collapse at least for now while XRP is also now bouncing from this important level of support. So yes, just over the last one day, I've now closed out of my XRP short position, securing huge profits, of course, and I've just now opened a new trading strategy right now, which is a short-term trading strate ...

Welcome back to the good watch channel everyone. My name is Josh and right now while Bitcoin is still struggling at this massive area of resistance, we're now seeing the price of Bitcoin rebounds and currently test this important level of support based on previous resistance here in the immediate short term. And while this is happening for Bitcoin in the short term, we are now seeing the Bitcoin funding rates starting to flip negative, which is something that we need to pay attention to.So, I'll be talking ...

Core Insights - Major cryptocurrencies, including Bitcoin, XRP, and Solana, have experienced a decline of over 1.5% in the past 24 hours, with all 16 CoinDesk sectoral indexes in the red, particularly the DeFi Select Index which dropped by 3.6% [1] - Analysts are questioning whether the early-year rally was due to genuine conviction buying or seasonal factors, as evidenced by the inflows and subsequent losses in U.S.-listed spot Bitcoin ETFs [2] - The recent pullback indicates the fragility of the rally, with price movements sensitive to liquidity shifts rather than strong conviction buying [3] Market Indicators - The Coinbase Premium, which reflects U.S. investor demand, remains negative, suggesting that U.S. investors have not yet participated in the rally despite the end of tax-related selling [4] - Positive signs for bulls include a rise in cumulative crypto futures open interest to its highest level in nearly two months, indicating renewed investor risk appetite [5] - Funding rates for perpetual futures tied to cryptocurrencies are improving, which historically supports sustained market advances when rates hold above approximately 0.01% [6] External Influences - Japanese government bond yields have reached record highs, raising concerns about their impact on risk assets, including Bitcoin, which may be influenced by potential churn in Japanese markets [6] - Bitcoin's correlation with the Japanese yen has strengthened, suggesting that fluctuations in Japanese markets could affect cryptocurrency prices [7] - Upcoming economic data releases, such as the ADP Employment report and ISM non-manufacturing data, could contribute to market volatility [7]

Market Trends - Perpetual open interest for Bitcoin increased from 304 thousand BTC to 310 thousand BTC [1] - Funding rates for Bitcoin rose from 004% to 009% [1] Investment Activity - The increase in funding rates suggests a new accumulation of leveraged long positions in the Bitcoin market [1]

Market Trends & Protocol Performance - Ethena is trading 20 cents below the $0.29 institutions paid in September's data round [1] - Protocol generates $365 million annually at a 4.3x price-to-sales (P/S) ratio [1] - Jupiter is launching JUPUSD next week, backed by USDE to 5 million users [1] - Hyena on Hyperliquid reached $130 million in volume within 4 days [1] Stablecoin & Funding - MegaETH is using USDE for their L1 stablecoin [1] - Berachain's Honey is 100% backed by USDE [1] - Funding rates are turning positive again [1] Institutional Investment - Institutions typically do not buy 45% above spot price only to lose money [1]