Bitcoin's funding rate is at its lowest level in the past month. For traders observing this, it could be a potential short squeeze signal. Especially when short positions increase, such levels become interesting.

When the funding rate drops, holding short positions becomes less costly, but at the same time, if the price rises quickly, the risk of a squeeze increases. Looking at last month's data, such massing often signals an upcoming increase in volatility.

Currently, the market is closely watching these details. The next move seems to depend on the size of short positions and how Bitcoin reacts to technical levels.