Matrixport Bitcoin Funding Rates Declining Potential Dip Before New Highs

In the latest update, Matrixport released relevant graphics on the X platform, indicating that the funding rate for Bitcoin has continued to decline, reflecting a weakening of market optimism. Although the funding rate and open interest have been correlated in the past, the current open interest remains at a high level, which may lead to a temporary price drop before reaching a new all-time high.