On June 14, crypto market analysis firm Santiment posted on social media that since Bitcoin's price rebounded yesterday, most traders have continued to go long and have gained small profits. Ethereum traders, however, are showing a "chasing highs and killing dips" trend - with their positions constantly switching based on the latest price fluctuations.
It is worth noting that when trading platform funding rates swing from one extreme to another, it is often accompanied by large-scale position liquidations. The best entry point usually appears when the market is generally bearish, while the best exit point exists in an overly bullish phase. It is recommended to capture key trading opportunities by monitoring the unidirectional trend of funding rates for BTC and ETH.
