Bitcoin Might Quickly Wake From Slumber, Derivatives Knowledge Signifies – CoinDesk

Per Glassnode, bitcoin’s funding charges not too long ago dipped to detrimental territory. This, coupled with excessive open curiosity, suggests leverage is skewed to the bearish facet. So, if bitcoin continues to maneuver sideways, the funding fee would change into a burden for shorts, they usually could determine to unwind their place, resulting in volatility on the upper facet.