The bear trap just snapped shut. Funding rates do not lie.



On Nov 24 $BTC funding flipped negative at minus 0.0033% for the first time in a month.

Translation: the herd got scared, shorted the bottom, and paid the market to take their money.

Now we are back to neutral at 0.0023 percent.

The foam is gone. The shorts are trapped. The path of least resistance is up.

This is the cleanest entry signal you will get all quarter.
BTC0.2%
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