Bitcoin has resumed its rally with its price showing a daily increase of over 4%, but its derivatives market remains bearish as the funding rate falls to 6%.

Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.

As expectations for U.S. interest rate cuts return to the forefront, Bitcoin is once again behaving like a pressure gauge ...

In the Perpetual Futures market, Bitcoin has exhibited a long-term bullish bias since its inception, with funding rates remaining positive (longs paying shorts) most of the time. Gold typically rises ...

A 20-day exponential moving average continued to act as dynamic resistance against BTC’s recovery attempt.

Bitcoin funding rates turn deeply negative as traders increase short positions ...

Bitcoin lost roughly 50 percent as tight liquidity and macro shocks overwhelmed bullish narratives. Higher interest rates, ETF outflows, and rising Nasdaq correlation weakened Bitcoin’s risk appeal.