Bitcoin Long Squeeze Incoming? Funding Rates Surge Up

On-chain data shows the Bitcoin funding rates have observed a rise again, suggesting that another long squeeze may be in store for the crypto.
Bitcoin Funding Rates Show Relatively High Positive Value
As explained by an analyst in a CryptoQaunt post, the current positive funding rates may mean the price could observe a decline soon.
The “funding rate” is an indicator that measures the periodic fee that Bitcoin futures traders are paying each other.
When the value of this metric is gr