Bitcoin's Funding Rate Signals Bullish Momentum, Price Surges 3%

CryptoQuant analyst Axel Adler Jr. recently highlighted a significant pattern in Bitcoin's funding rate, noting that when the 30-day percentile funding rate on mainstream exchanges drops to around the 50% level, it typically corresponds to a local bottom phase. This pattern has been observed in September 2023, May 2024, September 2024, and April 2025, each time followed by a market recovery and upward trend.

Following the last bottom in April 2025 and the subsequent rise to $112,000, the current funding rate percentile stands at 54%. According to Adler Jr., this pattern suggests that the bullish trend still has momentum, with the next focus being the 80% level. Breaking above this level may imply market exuberance and pose a risk of correction.

Bitcoin's funding rate approaching a bottom area indicates sustained bullish momentum. As long as funding remains neutral and the price stays above $105,000, Bitcoin is likely to continue its upward trajectory. This trend is supported by historical patterns, where similar funding rates have preceded significant price surges. Notably, Bitcoin's price has gained more than $3,000 over the past week, with bullish momentum building steadily across the broader crypto market.

Analysts have projected significant resistance levels for Bitcoin at $115,000 and $223,000, based on detailed analysis. These projections, along with the current funding rate and price movements, suggest that Bitcoin's bullish trend is far from over. The global cryptocurrency market has posted impressive gains over the past 24 hours, signaling renewed momentum and investor confidence. Despite some temporary stalls, the overall trend remains bullish, with institutions continuing to buy Bitcoin.

However, the momentum among the top altcoins in the cryptocurrency market is declining as Bitcoin slips below $108,000. Still, the rising open interest with price typically suggests bullish momentum as fresh capital enters the market to support an uptrend. Bitcoin researcher Axel Adler Jr. cautions that while funding rates show bullish build-up, there is no euphoria yet. The Chaikin Money Flow indicator also supports the bullish trend, indicating strong buying pressure. Overall, the current funding rate and price movements suggest that Bitcoin's bullish trend is likely to continue, with significant resistance levels ahead.