<ul data-eligibleForWebStory="true"><li>Binance funding rates on Bitcoin turned negative at -0.0033 after a sharp rebound from last weekend's lows.</li><li>Majority of open positions are short, indicating traders' skepticism towards the rally.</li><li>Market often moves against the crowd, presenting a contrarian signal as shorts get crowded.</li><li>Traders are usually biased towards long positions, making this funding rate shift significant.</li><li>Negative rates suggest a strong contrarian signal against the rally despite recent price strength.</li><li>Historical patterns show market movements against short positions following similar setups in the past.</li><li>In September 2024, Binance funding rates turned negative, with subsequent market moves to the upside.</li><li>Exception was seen only during a brief macro disruption tied to new U.S. tariff announcements.</li><li>Today's positioning may act as rocket fuel for Bitcoin if more short positions pile on.</li><li>Short liquidations could accelerate the upside as the squeeze builds in the coming days.</li></ul>

Negative Binance Funding Rates May Signal a Bitcoin Rebound

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