Mignolet

It’s time for futures whales to open long positions.

In the last QuickTake SOPR analysis, we mentioned the possibility of a price bottom. Today, we will provide a more detailed analysis. Bitcoin deposits to futures exchanges are increasing. BTC market sentiment is filled with fear, and the funding rate has turned negative. In the past, during such periods, Bitcoin deposits to futures exchanges increased, and the price actually rose. This is a good opportunity for futures whales to open long positions.