Exploring Buy Signals for Bitcoin Cash and Celestia Due to Negative Funding Rates
Understanding Negative Funding Rates in Cryptocurrency
Two cryptocurrencies with significant open interests are displaying negative funding rates, leading to potential buy signals. Short-sellers facing interest payments might trigger liquidations or position closures, influencing market prices.
Bitcoin Cash Buy Signal Analysis
Bitcoin Cash (BCH) stands out with a notable negative APR among top cryptocurrencies by open interest. An increase in leveraged liquidation accumulations has raised a short squeeze alert, potentially reinforcing the buy signal.
Celestia's Negative Funding Rates
Celestia (TIA) exhibits a high APR but lacks a supportive liquidation heatmap, affecting the buy signal strength. Despite the observed funding rates, previous sell signals urge caution in interpreting market dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.