theKriptolik
Looking at the last funding rate, it seems that it has risen a lot and this indicates a new decline.
The short-term $BTC price trend reverses when funding rates hit lows or highs. In other words, if the funding rate is too high, the BTC price decreases, and if the funding rate is too low, the upward trend in the BTC price begins. Looking at the last funding rate, it seems that it has risen a lot and this indicates a new decline.