Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here’s where this could lead the asset’s price. Bitcoin Futures Market Sentiment Has Turned Neutral In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Funding Rate for the three top exchanges in the cryptocurrency sector. Related Reading: Bitcoin Indicator That Timed January Top Now Gives Signal To Buy The “Funding Rate” here refers to an indicator that keeps track of the total amount of periodic fees that futures market holders are exchanging between each other on a given platform. When the value of this metric is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend implies a bullish sentiment is the dominant one on the exchange. On the other hand, the indicator being negative suggests the short holders are outweighing the long ones and a bearish mentality is shared by the majority ..
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