CryptoQuant Analyst: Binance Futures Funding Rate Still in Negative Territory, Potentially Signaling Bitcoin's Breakout to New High

BlockBeats News, April 26th, CryptoQuant analyst Avocado stated, "Despite Bitcoin having rebounded over 20% from the recent low, the Binance futures contract funding rate is still in negative territory. The current investor sentiment and price trend indicate that Bitcoin is likely to surpass its previous all-time high."