What's Up With Bitcoin?


The number of futures open on #Bitcoin continues to increase across crypto exchanges.
When we look at the Funding Rate chart, there is a positive but downward trend, which means that although Long transactions are heavy, the Short transaction weight has started to increase.
When we look at the status of all cryptocurrencies that can open Long or Short transactions, we see that Short transactions are more intense.
As the short trades increase, they may want to liquidate them, of course, consider the support and resistance levels I shared before to ensure the business more.
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