Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin perpetual funding rate turns negative ahead of CPI print – perspective turns bearish
CPI year-over year is forecasted to come in at 6.0%, while Bitcoin becoming significantly shorted yet again.
Quick Take
- Bitcoin was heavily shorted from the 10th to the 13th of March on the news of contagion around the regional banks.
- Yesterday, Bitcoin broke $24,000 as the perpetual funding rate showed investors were going long and open interest increased.
- However, ahead of the CPI print today at 12:30 GMT, Bitcoin is being shorted.
- While options 25 delta skew suggests, puts are at a premium to suggest slight bearish sentiment heading into CPI.



















