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BTC funding rates continue to decline, and the market currently holds relatively few positions through the derivatives market

BTC funding rates continue to decline, and the market currently holds relatively few positions through the derivatives market

Cointime2024/04/18 08:25
By: Cointime
BTC+2.73%

Matrixport has stated that the halving is only a few days away and Bitcoin's funding rate continues to decline. The decrease in funding rates indicates that traders have closed their long positions and the current market has relatively fewer positions through the derivatives market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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