4.27 BitTiger Diary

Is the global funding rate entering a long-short alternating phase? Brothers, a new week has started again! The US, Japan, and South Korea stock markets are hitting historic highs, driving $BTC to maintain a four-week consecutive uptrend on the weekly chart last week. From the candlestick pattern, it’s showing a medium-sized bullish candle with a very small upper shadow, and the body is gradually increasing—this is a strong signal. It indeed confirms that $BTC has stabilized above the neckline of the weekly W pattern at 73,000. Looking at the rhythm, it seems to be heading to test the pressure level at 80,600, which is the lowest point of the monthly chart from November 2025. Back to the data side, recently, many people have been saying that the negative funding rate is about to squeeze the shorts. Looking at the 7-day average funding rate across all exchanges, it’s indeed consistently staying in the negative rate phase. The momentum has slightly weakened, but the range is awkward (blue arrow area)—it’s less than half of what it was during extreme fear phases in the past, yet it’s noticeably higher than the previous long-short alternating phase (red box area from the last cycle). However, the sample size for global funding rate data is still too small, and the only reference is the previous cycle, which carries a high probability of error. We can only take it step by step. My personal view remains the same: until the final time dimension signal is confirmed, treat all market movements as noise. "Let him be strong, the breeze brushes the mountain ridge." Keep focusing on signal changes. Lastly, with the new Xchat feature launched by Old Ma, we’ve also opened a group chat. Brothers who want to join in and have fun can click the link below to apply directly. Hopefully, this round we can all slowly grow wealthier together and achieve our goal of financial freedom. 79,150✊✊✊ https://(x.com)/i/chat/group_join/g2047938022143148523/T9SoR1TN7J