The crypto market analysis agency Santiment posted on social media that since the price of Bitcoin hit a bottom and rebounded yesterday, most traders have continued to go long and have gained small profits. In contrast, Ethereum traders are showing a 'buy high, sell low' trend—constantly switching their positions according to the latest price fluctuations.
It is important to be cautious because when the funding rate on trading platforms swings from one extreme to another, it is often accompanied by large-scale position liquidations. The best entry point usually appears when the market is generally bearish, while the best exit point exists during an excessively bullish phase. It is recommended to monitor the one-way volatility trend of BTC and ETH funding rates to capture key trading opportunities. [Original link]