VanEck Analyst: Negative Funding Rate and Hash Rate Decline Signal for Bitcoin


VanEck analysts Matthew Sigel and Patrick Bush stated that Bitcoin is showing two major bullish signals: negative funding rates and a concentrated decline in hash rate, while volatility is decreasing.
Bitcoin's realized volatility has dropped from 56% to 41%, and the 7-day average funding rate has turned negative to -1.8%, the lowest since 2023.
Data shows that since 2020, during periods of negative funding rates, the 30-day average return of Bitcoin was +11.5%, with an overall return of +4.5%, and a hit rate of 77%.#WCTC交易王PK
BTC0.78%
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