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Bitcoin Returns to Rebound Rally Starting Point, Funding Rate Reflects Investors' Attempt to Buy the Dip
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BlockBeats News, June 3rd, according to Cinglass data, Bitcoin has completely ended its two-month rebound trend, falling back below $67,000 this morning. However, investors in the market may be trying to buy the dip.

From the spot data perspective, as of the time of writing, the net inflow of Bitcoin spot funds across the network in the past 8 hours was $30.3477 million.

In the futures market, the net outflow of Bitcoin futures funds across the network in the past 24 hours was $2.595 billion. However, the market sentiment reflected by the funding rate does not seem as bearish as it was two months ago. Currently, on all major platforms, the funding rates for Bitcoin and Ethereum futures are positive. The funding rate for altcoins shows that the market is not bullish, but the situation of negative funding rates is also not as severe as it was two months ago.

Fuente:BlockBeats

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