The graph refers to Bitcoin funding rate and bitcoin price.The concept of funding rate whenever funding rate is negative it means longs are favoured by market and short are paying to long.Vice versa if it's positive,then short are favoured by the market and longs are paying to shorts.Currently long are favoured.Admin don't approve my post if it's against the rules of channel.
2 comments
Thats for the information. I am new to the concept of funding rate and really cleared by your post 😉
Thank you so much Dear bro you really encourage me ❤