Breaking News! Binance Bitcoin financing rate falls below zero, is the bearish market turning into a 'bear trap'?
Recently, Binance's Bitcoin perpetual contract financing rate surprisingly showed a negative value—around -0.0033! What does this mean? Bears are paying funds to bulls, and market sentiment is extremely pessimistic, with everyone expecting a decline. However, hidden behind the negative interest rate is a potential reversal!
Historical data tells us that the negative financing rate in September 2024 successfully triggered a Bitcoin surge! When short positions become overly concentrated, the market is prone to experience a 'short squeeze'—forced liquidations of shorts lead to frantic buying, instantly driving up prices!
Currently, the Binance market is generally pessimistic, but this could be precisely the 'eve of reversal' that investors dream of! The financing rate, as a barometer of sentiment in the futures market, is quietly releasing signals for a price increase. Lock in opportunities, position ahead of time, and prepare for a potential surge!
Don't miss this excellent opportunity for 'bears to become bulls', as Bitcoin may initiate a new round of explosive growth, with the key to wealth hidden behind the negative interest rates! Get ready to embrace a leap in wealth!
