BTC and alts local bottom is not in. Funding rate is still
Cas Abbé
Updated at: 5 hours ago
{"content":"BTC and alts local bottom is not in.
Funding rate is still positive, which means traders are expecting V-shape recovery.
Also, Coinbase premium is trending down which shows less institutional accumulation.
The current dump looks like a very controlled selling, and a reversal needs aggressive short positions here.
I think we could see another retest of $100K-$102K level before reversal.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/17/c7821d00bf9e4e2787e310a9838447ae.jpg"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}