BTC Low Funding Rate Signal
Low funding rates suggest the market is set to advance.
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
"The markets are discounting a 1% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting."
"The influx of institutional capital and renewed retail interest are driving prices higher."
""In the next month or two, you’ll see the charts start moving up again," he said, attributing the delay to institutions waiting for favorable conditions like rate cuts."
"The end of rate hikes, especially if combined with approval of a Bitcoin Spot ETF, could represent a major driver to bring new capital into the market and improve liquidity."
""inflation exacerbated by supply chain shortages will continue to push institutional investors to seek higher risk asset to meet their returns.""
""Bitcoin's funding rates, or the periodic payments based on the spread between derivative contracts and spot prices, have remained low and suggest the market is set to advance.""