You don't see this every day.

BTC has had negative funding rates for a whole month straight.
They are still at high negative rates now.
What are the bears thinking? Not only do they have to pay capital costs, but they also have to endure the pain of holding positions against the market.
Let me put it this way: based on data from the past three years, prices have never crashed under sustained negative funding rates.
Major crashes at high levels always occur under the condition of high positive funding rates.