Insights Pulse Insights

Feb 28

BTC metrics: double dips as bottom markers 28-02-22, 19:34

The market moved yesterday when there were more heavy sanctions announced against Russia. Heavy tensions very visible. The market moved and both sentiment and funding rate turned negative. Which proved to be enough for bottoming out.

Funding rate:

Weighted Sentiment:

These two metrics alone are able to indicate reaction of market participants after the move took place. So that you could act accordingly.

If the move down pushed sentiment or funding rate deep enough, it could be a chance to buy. And visa versa.

Chart layout:

Feb 16

Feb 9

Jan 25

Jan 3

Dec 26

Nov 30

Oct 25

Jul 20

Apr 24