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The funding movement has turned negative - fears about Short are increasing at the worst timing.
The funding movement of Binance has turned negative for the first time since the beginning of this correction, and this is the indicator.
This decline resulted in wiping out between 31% and 36% of the chart, and futures contracts took a hard hit, with open interest declining for days. However, funding remained positive throughout the downturn... so far.
This coup does not mean an immediate reversal, but it means something else:
Traders are finally looking to drop late, just when the move has been prolonged.
Negative funding is not "neutral". For the US dollar ( Bitcoin ) on Binance, neutrality is closer to +0.01% due to how the rate is calculated. So, once funding falls below zero, it signifies real control over short selling - the kind we see during sentiment collapse.
Historically, these fluctuations appear at the end of corrections, not at the beginning. This is usually the moment when:
💥 Buy positions are crushed
💥 Overconfidence of short sellers
💥 The price starts to rise while the accumulation of Short positions continues.
💥 Momentum is increasing for the upcoming pressure
#BTCRebound90kNext? #FOMCWatch #USChinaDeal #BitcoinSPACDeal
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