response

Rising funding rates in BTC perpetual futures have historically preceded rallies, analyst says Crypto analyst Darkfost said funding rates in the Bitcoin perpetual futures market are trending higher even as bearish sentiment persists in the broader market, describing it as a pattern seen before major upward moves in the past. Darkfost said the divergence between market pessimism and rising funding rates has appeared several times in recent years as a leading bullish signal. After the pattern emerged in September 2024, Bitcoin rose from $54,000 to $106,000, while a similar setup was also seen at the cycle bottom in December 2022.