According to Odaily, Matrixport has unveiled a chart showing that Bitcoin’s funding rates have dipped close to zero, despite its usual volatility. This trend indicates that, even with recent price gains, long positions in the futures market are not significantly leveraged. As a result, traders may find an opportunity to expand their long positions, potentially pushing prices higher.

However, the low funding rates suggest that the recent price rise might be fueled more by strategic spot buying rather than speculative futures trading. This scenario points to a healthier market environment, as it indicates that leverage is not excessive, signaling potential for further price increases in the near future.