CryptoQuant: Binance Futures Funding Rate is Still in Negative Range, Which May Be a Signal for Bitcoin to Break New Highs

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According to ChainCatcher, CryptoQuant analyst Avocado stated on the X platform, "Despite Bitcoin rebounding over 20% from its recent low, the Binance contract funding rate remains in negative territory. The current investor sentiment and price trend suggest that Bitcoin is likely to break through its previous all-time high."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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