Bitcoin is Pumping… But We're Not Overheated Yet 🚀🧊
Despite $BTC reaching $111.8K, the funding rates remain relatively neutral across all exchanges — a rare signal in the middle of a strong uptrend.
🔍 Historically, every major top in $BTC Bitcoin’s price has been preceded by funding rate spikes (highlighted as “Overheated” zones).
Right now? We’re not even close to those levels.
👉 What this tells us:
The market is still climbing without excessive leverage.
No signs of euphoria or overextension — yet.
This could indicate plenty of room for upside before we hit a speculative peak.
Smart money knows the real top doesn't come when everyone is cautious — it comes when everyone thinks it can't go down.
Conclusion:
We are far from overheated. The real mania phase might still be ahead.