Bitcoin Funding Rate Remains Positive, More Decline Soon?

On-chain data shows the Bitcoin funding rate is still at a relatively high positive value, suggesting that the crypto might see more decline in the near term.
Bitcoin Funding Rate Has Been At A Positive Value During The Last Few Days
As pointed out by an analyst in a CryptoQuant post, the current funding rate suggests that the price is in a new decline right now.
The “funding rate” is an indicator that measures the periodic fee that traders in the Bitcoin futures market have to pay e