Analysis: Crypto Market Sentiment Significantly Reverses as Traders Pay Premiums to Maintain Long Positions
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On May 26, Glassnode reported that the Bitcoin funding rate has once again turned significantly positive. As Bitcoin oscillates around the mid-$75,000 range, traders are increasingly paying premiums to maintain long positions. This change marks a clear reversal in market sentiment compared to the highly bearish position structure observed in April.
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