Binance $1.5B Liquidations and Negative Funding Rates Hint at Market Bottom
Bitcoin (BTC) dropped sharply to the $112,000 level over the weekend, triggering more than $1.5 billion in liquidations on Binance, with negative funding rates signaling extreme bearish sentiment.
The latest sell-off, fueled by macroeconomic fears and ETF outflows, has left retail traders panic-selling near local lows, a pattern market watchers say often comes before a recovery.
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Bitcoin Price Analysis: Is BTC Set to Break Down Below $100K?
Binance $1.5B Liquidations and Negative Funding Rates Hint at Market Bottom
Bitcoin (BTC) dropped sharply to the $112,000 level over the weekend, triggering more than $1.5 billion in liquidations on Binance, with negative funding rates signaling extreme bearish sentiment.
The latest sell-off, fueled by macroeconomic fears and ETF outflows, has left retail traders panic-selling near local lows, a pattern market watchers say often comes before a recovery.
Read More