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Analyst: BTC funding rate exceeds the 30-day EMA, indicating 'no obvious signs of late-cycle overheating'
Golden Finance reported that Avocado onchain, a writer for CryptoQuant, stated in a market report on December 17th, 'There are no obvious signs of late-stage overheating when analyzing the financing rate using a 30-day index MA (EMA).' The analyst said that BTC's rise trend may continue, adding 'This suggests that the rise trajectory of BTC may continue, with huge room for further rise.'