Published 19 Jun 2026, 07:57 UTC · fetched 3 Nov 2026, 10:59 UTC
That Martini Guy ₿
@MartiniGuyYT
Bitcoin funding rates are giving me the same signal they gave before the last flush. When I look at the open interest-weighted funding rate chart, I see traders getting increasingly comfortable sitting in long positions. Normally that sounds positive. In reality, it often isn't. The last time funding stayed elevated for an extended period, Bitcoin rolled over and sold off hard. I'm not saying this chart alone guarantees lower prices. It doesn't. But when I combine it with weak ETF flows, lack of spot demand, and price struggling to reclaim key levels, it adds to the same picture. The market is still paying traders to stay long. That tells me positioning remains crowded on one side. And when positioning gets crowded, things tend to move the other way. For now, I still think the path of least resistance remains lower.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Repeated same-asset, same-direction calls count once, anchored to the first eligible post
Uses only text available at publication time
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