PANews news on April 26, the Official Twitter of CryptoQuant analyst Avocado pointed out that although Bitcoin has rebounded more than 20% from its recent low, the funding rate of Binance futures remains in the negative range, and the current investor sentiment and price trend indicate that Bitcoin is likely to break through its previous historical high.
Note: When the funding rate is positive, long positions need to pay funding fees to short positions. When the rate is negative, short positions need to pay funding fees to long positions.
