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Analyst: Bitcoin Funding Rate Approaching Bottom Area, Bullish Trend Still Has Momentum
Summary: According to CryptoQuant analyst Axel Adler Jr, whenever the 30-day percentile funding rate on major trading platforms drops to around 50% (September 2023, May 2024, September 2024, and April 2025), it corresponds to a local bottom phase, followed by a recovery in the upward trend. Following the last bottom in April 2025 and the subsequent ...
According to CryptoQuant analyst Axel Adler Jr, whenever the 30-day percentile funding rate on major trading platforms drops to around 50% (September 2023, May 2024, September 2024, and April 2025), it corresponds to a local bottom phase, followed by a recovery in the upward trend.
Following the last bottom in April 2025 and the subsequent rise to $112,000, the funding rate percentile is currently at 54%. Based on this pattern, the bullish trend still has momentum, with the next focus point being the 80% level. Breaking this level may indicate market overheating and pose a correction risk.
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Link: Analyst: Bitcoin Funding Rate Approaching Bottom Area, Bullish Trend Still Has Momentum [Copy]