High funding rates in Bitcoin and cryptocurrencies indicate a potential price correction at any moment, which is likely to be followed by a continuation of the upward trend. Corrections should be seen as entry opportunities rather than reasons to exit or feel uncertain.
Since the price has broken through the 73800 level, it’s challenging to pinpoint where the correction might begin. However, as the price climbs, funding rates will increase, and any correction may be sharp and sudden.
Therefore, it’s advisable to view any correction as an opportunity to enter the market wisely, backed by thorough analysis.