ETH funding rate turns negative, but will Ether bulls take the bait?

ETH funding rate turns negative, but will Ether bulls take the bait?

Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse.

Key takeaway:

ETH faces selling pressure as $480 million in liquidations and falling network fees impact investor confidence.

ETH’s negative funding rate may play a role in a potential rebound rally.

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