Royale Capital™
February 3, 2025 at 06:24 PM
📊📉 #btc’s perpetual market shows cooling speculation:
đź”» The drop to $93K sent the long-side premium to -$158K/hour.
đź”» The 7-day average fell $181K, signaling persistent pressure.
This mirrors post-ATH weakness in April 2024, when funding also turned negative, reflecting a growing bearish sentiment.