ETH funding rate turns negative, but will Ether bulls take the bait?

ETH funding rate turns negative, but will Ether bulls take the bait?

Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse.

Key takeaway:

ETH faces selling pressure as $480 million in liquidations and falling network fees impact investor confidence.

ETH’s negative funding rate may play a role in a potential rebound rally.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.