Bitcoin manages $29,170 overnight, but for traders, it's nothing but a 'deviation.'
"With price declining and funding positive, short perps are potentially profitable and being paid by longs to keep their positions open.
"In a further potential warning sign, Bitcoin and crypto analyst Lukasz Wydra"Last time similar was observed in June 2022. Paradoxically, just before the drop from 30k," he revealed alongside chart data.The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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