$BTC funding rates have hit their most negative levels since 2023, per Glassnode.
{future}(BTCUSDT)
Historically, deeply negative funding rates have coincided with local bottoms, including March 2020, mid-2021 and the FTX collapse in 2022.
{future}(BTCUSDT)
Historically, deeply negative funding rates have coincided with local bottoms, including March 2020, mid-2021 and the FTX collapse in 2022.
