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Bitcoin Funding Rate Repeats Bullish Pattern Near 54% as Price Holds $109K

Bitcoin Funding Rate Repeats Bullish Pattern Near 54% as Price Holds $109K

BitgetBitget2025/07/07 19:25
By:Bitget
  • Bitcoin’s funding rate percentile has formed a recurring bottom pattern near the 50% mark.
  • The current reading at 54.8% indicates the bullish trend may remain intact.
  • Market attention now shifts to the 80% level, which has previously preceded corrections.

Bitcoin continues to trade firmly above the $109,000 level, sustaining its gains following a notable rally from the April 2025 low. The asset price has increased by 0.9% in the last 24 hours, backed by a 34.57% increase in trading volume over the same period. Its price currently is 109,04812 and its overall market capitalization has now reached 2.16 trillion. This uptick in activity follows a familiar technical formation that has developed repeatedly in recent months.

The chart tracking Bitcoin’s 30-day funding rate percentile on Binance, ByBit, OKX, and Deribit shows a pattern that has previously unfolded. In previous instances—September 2023, May 2024, September 2024, and April 2025—the percentile dropped to near the 50% level. In each case, Bitcoin reached a local low around these levels before resuming its bullish trend.

50% Level Holds as Key Support in Ongoing Rally

During each of the four previous dips toward the 50% percentile, Bitcoin price established a support base. These dates—spanning from late 2023 to April 2025—have marked key points in the broader rally structure. Notably, after each occurrence, the asset advanced further, reinforcing this level as a consistent indicator of price support.

The chart shows a consistent bullish pattern: every time the 30 day percentile funding rate across major exchanges dropped to around the 50% level (green circles: September 2023, May 2024, September 2024, and April 2025), it coincided with a local bottom phase, followed by a… 

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) July 7, 2025

At the time of writing, the 30-day percentile is up marginally above the 50% level, thus the price still remains bullish. The April 2025 recovery started at roughly this same percentile, resulting in a rally that took Bitcoin to a high near 112,000 before establishing itself at more than 109,000. The present structure suggests that the 50% percentile level continues to serve as a technical anchor point for local bottoms.

 

 

Watching for Reversal Near Key Percentile Zone

As Bitcoin remains buoyant, market observers are now watching the 80% percentile level. In past cycles, movements above this threshold have preceded short-term corrections. This is because excessively high percentiles often reflect heightened trader enthusiasm, which can introduce volatility.

While the current percentile rests at 54.8%, any swift ascent toward 80% may attract profit-taking. This level is seen as a marker where momentum may become unsustainable, making it a key zone for future monitoring. For now, the market remains well supported, with the funding rate structure closely aligned with earlier bullish phases.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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