K33: Bitcoin funding rate has been negative for 46 consecutive days, increasing the probability of a short squeeze

robot
Abstract generation in progress

Deep Tide TechFlow News, April 15, according to a report by research firm K33, Bitcoin’s 30-day average funding rate has been negative for 46 consecutive days, matching the duration of the bear market bottom in 2022. Historically, only the periods from March to May 2020 (63 days) and June to August 2021 (49 days) experienced longer negative funding rate cycles. K33 research director Vetle Lunde pointed out that the current negative funding rate, combined with increasing open interest and rising prices, indicates an unusually aggressive bearish sentiment. The probability of a short squeeze is increasing, and Bitcoin is expected to break through a 68-day consolidation range. Currently, Bitcoin has rebounded approximately 23% from the low of around $60k on February 6, but remains about 41% below the October 2025 all-time high of approximately $126k.

BTC0,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin