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MEDIUM IMPACT CoinDesk · Apr 27, 02:37 PM

As the bitcoin price rises, futures may look bearish, but they're not, analyst says

Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.

BTC
SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BULLISH 75% confidence

Despite the current bearish sentiment in futures, the structural hedging by institutions suggests that the underlying demand for Bitcoin remains strong, likely leading to further price increases.

AI-generated analysis. For educational purposes only — not financial advice.

Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.

Read full story on CoinDesk →

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