Bitcoin Funding Rates Tank (Patreon)

The near-zero and negative funding rates in some exchanges now indicate a bearish shift in the Bitcoin futures market, likely driven by the recent correction from $100k to $80k and folks running out of patience. This suggests reduced bullishness and deleveraging aka a more cautious market. This is also reflected in traditional markets also.

3 more days till Q2.

Q1 was rough and not typical of a Bitcoin Bull Market.