📉 Bitcoin Dips as Market Turns Bearish
February 23 — Bitcoin briefly fell below $65,000 today, and data from Coinglass shows that both major centralized (CEX) and decentralized (DEX) exchange funding rates are signaling a shift back to bearish sentiment.⚠️
For those new to funding rates: exchanges use them to balance perpetual contract prices with the actual market value. ✋️
Traders either pay or earn a small fee depending on whether the market is bullish or bearish. A rate above 0.01% usually points to optimism, while below 0.005% hints at caution. ⚖️
Seeing $BTC wobble like this is a reminder that crypto markets can change direction fast — and even experienced traders must stay alert.
👀 How are you navigating these swings?
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