Fresh Bitcoin Long Positions Open Up On Exchanges As Funding Rates Turn Positive

On-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges.
Bitcoin Funding Rate Turns Green After Derivative Exchange Inflows Spike Up
As pointed out by an analyst in a CryptoQuant post, the new long positions can drive the price up in the short term.
There are mainly two Bitcoin indicators of relevance here, the derivative exchange inflow CDD, and the funding rates.
First, the “derivative exchange inflow CDD