• bitcoinBitcoin (BTC) $ 96,254.00
  • ethereumEthereum (ETH) $ 2,699.87
  • xrpXRP (XRP) $ 2.61
  • tetherTether (USDT) $ 0.999730
  • bnbBNB (BNB) $ 660.65
  • solanaSolana (SOL) $ 170.19
  • usd-coinUSDC (USDC) $ 0.999898
  • dogecoinDogecoin (DOGE) $ 0.253440
  • cardanoCardano (ADA) $ 0.790161
  • staked-etherLido Staked Ether (STETH) $ 2,699.98
  • tronTRON (TRX) $ 0.236743
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,174.00
  • chainlinkChainlink (LINK) $ 18.22
  • wrapped-stethWrapped stETH (WSTETH) $ 3,228.81
  • stellarStellar (XLM) $ 0.327077
  • avalanche-2Avalanche (AVAX) $ 24.12
  • suiSui (SUI) $ 3.13
  • litecoinLitecoin (LTC) $ 127.60
  • ugold-incUGOLD Inc. (UGOLD) $ 3,037.58
  • the-open-networkToncoin (TON) $ 3.70
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • leo-tokenLEO Token (LEO) $ 9.79
  • usdsUSDS (USDS) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.206103
  • wethWETH (WETH) $ 2,701.19
  • hyperliquidHyperliquid (HYPE) $ 24.07
  • polkadotPolkadot (DOT) $ 4.81
  • mantra-daoMANTRA (OM) $ 7.42
  • bitcoin-cashBitcoin Cash (BCH) $ 319.43
  • bitget-tokenBitget Token (BGB) $ 5.06
  • ethena-usdeEthena USDe (USDE) $ 0.999303
  • uniswapUniswap (UNI) $ 9.68
  • wrapped-eethWrapped eETH (WEETH) $ 2,863.29
  • moneroMonero (XMR) $ 232.77
  • pepePepe (PEPE) $ 0.000010
  • whitebitWhiteBIT Coin (WBT) $ 27.18
  • aaveAave (AAVE) $ 257.49
  • ondo-financeOndo (ONDO) $ 1.20
  • nearNEAR Protocol (NEAR) $ 3.19
  • mantleMantle (MNT) $ 1.11
  • susdssUSDS (SUSDS) $ 1.04
  • daiDai (DAI) $ 0.999722
  • official-trumpOfficial Trump (TRUMP) $ 16.64
  • aptosAptos (APT) $ 5.64
  • internet-computerInternet Computer (ICP) $ 6.86
  • bittensorBittensor (TAO) $ 366.63
  • ethereum-classicEthereum Classic (ETC) $ 20.32
  • okbOKB (OKB) $ 49.70
  • gatechain-tokenGate (GT) $ 22.72
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.93
  • kaspaKaspa (KAS) $ 0.101935
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.305763
  • vechainVeChain (VET) $ 0.032243
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,275.00
  • crypto-com-chainCronos (CRO) $ 0.086252
  • algorandAlgorand (ALGO) $ 0.262983
  • render-tokenRender (RENDER) $ 4.18
  • filecoinFilecoin (FIL) $ 3.28
  • arbitrumArbitrum (ARB) $ 0.470487
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998050
  • cosmosCosmos Hub (ATOM) $ 4.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.733718
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.743607
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,336.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.594692
  • optimismOptimism (OP) $ 1.10
  • lido-daoLido DAO (LDO) $ 1.87
  • fasttokenFasttoken (FTN) $ 3.94
  • celestiaCelestia (TIA) $ 3.08
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,704.11
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,802.30
  • kucoin-sharesKuCoin (KCS) $ 12.03
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,006.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.091874
  • quant-networkQuant (QNT) $ 96.33
  • injective-protocolInjective (INJ) $ 14.04
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,041.74
  • blockstackStacks (STX) $ 0.898126
  • binance-staked-solBinance Staked SOL (BNSOL) $ 176.57
  • ethenaEthena (ENA) $ 0.430083
  • nexoNEXO (NEXO) $ 1.33
  • immutable-xImmutable (IMX) $ 0.748957
  • the-graphThe Graph (GRT) $ 0.134860
  • raydiumRaydium (RAY) $ 4.40
  • theta-tokenTheta Network (THETA) $ 1.28
  • movementMovement (MOVE) $ 0.524559
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,848.50
  • bonkBonk (BONK) $ 0.000016
  • worldcoin-wldWorldcoin (WLD) $ 1.16
  • flare-networksFlare (FLR) $ 0.020262
  • usual-usdUsual USD (USD0) $ 0.998008
  • sei-networkSei (SEI) $ 0.223866
  • jasmycoinJasmyCoin (JASMY) $ 0.021366
  • dexeDeXe (DEXE) $ 17.96
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 94,889.00
  • galaGALA (GALA) $ 0.021933
  • makerMaker (MKR) $ 1,123.51
  • eosEOS (EOS) $ 0.619590
  • telcoinTelcoin (TEL) $ 0.010031
  • flokiFLOKI (FLOKI) $ 0.000094
  • the-sandboxThe Sandbox (SAND) $ 0.369571
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.88
  • tezosTezos (XTZ) $ 0.863351
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,800.27
  • msolMarinade Staked SOL (MSOL) $ 215.36
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • wbnbWrapped BNB (WBNB) $ 661.95
  • iotaIOTA (IOTA) $ 0.221917
  • flowFlow (FLOW) $ 0.509186
  • jito-governance-tokenJito (JTO) $ 2.65
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,103.00
  • bitcoin-svBitcoin SV (BSV) $ 38.69
  • roninRonin (RON) $ 1.23
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.60
  • neoNEO (NEO) $ 10.66
  • pyth-networkPyth Network (PYTH) $ 0.204417
  • kaiaKaia (KAIA) $ 0.126270
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.11
  • tether-goldTether Gold (XAUT) $ 2,917.34
  • chain-2Onyxcoin (XCN) $ 0.021248
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 185.24
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,845.36
  • axie-infinityAxie Infinity (AXS) $ 4.24
  • curve-dao-tokenCurve DAO (CRV) $ 0.506022
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.253925
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,699.77
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • fraxFrax (FRAX) $ 0.995976
  • dogwifcoindogwifhat (WIF) $ 0.624050
  • berachain-beraBerachain (BERA) $ 5.81
  • heliumHelium (HNT) $ 3.53
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.659454
  • elrond-erd-2MultiversX (EGLD) $ 21.78
  • pax-goldPAX Gold (PAXG) $ 2,932.56
  • aerodrome-financeAerodrome Finance (AERO) $ 0.782788
  • decentralandDecentraland (MANA) $ 0.320760
  • arweaveArweave (AR) $ 8.99
  • newton-projectAB DAO (AB) $ 0.012884
  • resolv-usrResolv USR (USR) $ 1.00
  • starknetStarknet (STRK) $ 0.220609
  • pumpbtcpumpBTC (PUMPBTC) $ 95,178.00
  • conflux-tokenConflux (CFX) $ 0.114798
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,702.17
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008847
  • insurance-2INSURANCE (INSURANCE) $ 29.60
  • dydx-chaindYdX (DYDX) $ 0.755114
  • matic-networkPolygon (MATIC) $ 0.306180
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,701.05
  • zcashZcash (ZEC) $ 34.36
  • chilizChiliz (CHZ) $ 0.057375
  • meowMEOW (MEOW) $ 0.006004
  • pendlePendle (PENDLE) $ 3.27
  • beam-2Beam (BEAM) $ 0.010054
  • beldexBeldex (BDX) $ 0.075297
  • coredaoorgCore (CORE) $ 0.517842
  • ecasheCash (XEC) $ 0.000026
  • story-2Story (IP) $ 2.05
  • verus-coinVerus (VRSC) $ 6.44
  • apecoinApeCoin (APE) $ 0.692529
  • kavaKava (KAVA) $ 0.458692
  • true-usdTrueUSD (TUSD) $ 0.998131
  • wormholeWormhole (W) $ 0.169266
  • clbtcclBTC (CLBTC) $ 96,318.00
  • compound-governance-tokenCompound (COMP) $ 53.84
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,466.00
  • metars-genesisMetars Genesis (MRS) $ 5.57
  • aioz-networkAIOZ Network (AIOZ) $ 0.411815
  • morphoMorpho (MORPHO) $ 2.04
  • amp-tokenAmp (AMP) $ 0.005418
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008066
  • apenftAPENFT (NFT) $ 0.00000045
  • tbtctBTC (TBTC) $ 96,096.00
  • gnosisGnosis (GNO) $ 169.82
  • akash-networkAkash Network (AKT) $ 1.78
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • quantixaiQuantixAI (QAI) $ 84.28
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,679.37
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.03
  • mina-protocolMina Protocol (MINA) $ 0.343642
  • thorchainTHORChain (RUNE) $ 1.18
  • eigenlayerEigenlayer (EIGEN) $ 1.68
  • axelarAxelar (AXL) $ 0.448716
  • wouldwould (WOULD) $ 0.411025
  • usdbUSDB (USDB) $ 1.01
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • super-oethSuper OETH (SUPEROETHB) $ 2,701.80
  • based-brettBrett (BRETT) $ 0.040795
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,945.98
  • grassGrass (GRASS) $ 1.64
  • ketKet (KET) $ 0.395985
  • olympusOlympus (OHM) $ 24.13
  • chex-tokenCHEX Token (CHEX) $ 0.387446
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,700.02
  • zksyncZKsync (ZK) $ 0.105207
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • 1inch1inch (1INCH) $ 0.264979
  • ai-companionsAI Companions (AIC) $ 0.371374

Bitcoin on the Brink: Funding Rates Suggest a Big Bull Run Is Near

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Recently, Axel Adler Jr., a CryptoQaunt author on the social media platform X, brought attention to an intriguing trend in the funding rates of Bitcoin. For over a year—specifically 413 days—the average 30-day moving average (30DMA) Funding Rate has remained in the positive territory.

This positive streak, with the current rate at 0.006 and this year’s peak hitting 0.03, suggests sustained bullish sentiment among traders. Adler Jr. advises traders to switch to “spot mode,” hinting at a strategic shift to capitalize on potential market movements.

Bitcoin on the Brink: Funding Rates Suggest a Big Bull Run Is Near

Source: Axel Adler Jr on X

Bitcoin Teases Breakout Amidst Static Resistance

Despite the positive undercurrents suggested by funding rates, Bitcoin, the leading cryptocurrency, continues to face challenges breaking through critical resistance levels. As of now, Bitcoin is teetering around the $69,000 mark, experiencing a slight decline of 0.1% in the past 24 hours.

However, it maintains a slight increase of 2.8% over the past week, with its current trading price at $68,483. This standoff at a crucial resistance point is a typical scenario that tests the resolve and strategies of crypto traders and investors alike.

The report from Axel Adler Jr. not only highlights the resilience of Bitcoin and other cryptocurrencies in maintaining a positive funding rate but also underscores the cautious optimism that permeates the crypto market.

For over a year (413 days), the average (30DMA) Funding Rate has been in the positive zone, with a current value of 0.006 and this year’s peak at 0.03.

Inform traders to switch to sport mode. pic.twitter.com/4fiC8SbUOB

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) May 27, 2024

As traders and investors navigate these choppy waters, the advice to switch to spot trading could be a tactical move to leverage the anticipated bullish behavior without the higher risks associated with leverage in derivatives trading. This strategic shift could potentially lead to significant gains for astute traders who can time their entries and exits with precision.

Source

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