Bitcoin Price Surge Doesn't Deter Futures Market Bearishness, But Analysts Say It's Not What It Seems
The recent 14% surge in bitcoin's price this month, its strongest monthly performance in a year, has sparked speculation that it may soon break the $80,000 threshold, a level not seen since January. However, the perpetual futures market, which typically mirrors spot price movements, is exhibiting a contradictory trend. The funding rate, an indicator of market sentiment, has fallen below zero, pro…
April 27, 2026, 2:37 p.m.