abramchart
Optimism returns to the market again
The Funding Rates metric today recorded its highest increase since November 2021. It measures long position traders are dominant and are willing to pay funding to short traders. Is it time to step up, or will something worse happen? Historically, the increase in the funding ratio by a large percentage, greater than usual, was followed by the liquidation of the trader and here I am talking about the medium term, see the attached chart. Will the decline be from the current areas, or will we have some upside? The Realized Price for medium-term traders who bought bitcoin from 1 month to 3 months, at approximately $17,750, and this is the maximum price I expect to reach if the rise continues. But the best if you want scalping trading, stick to the very close stop loss. Why are you sure to drop? The analysis cannot be 100% certain because it is all predictions But historically, the percentage of loss, when it increases to high levels, will be the best time to enter.