Crypto venture capitalist Felix Hartmann believes the altcoin market’s pullback to “long-term trendlines” combined with sustained negative funding rates, may signal a market bottom.
A crypto venture capitalist said the market may be nearing a local bottom, citing extended negative funding rates and widespread bearish sentiment — which he says is “often the best signal.”
“I might be early, but it feels like we’re near the bottom,” Hartmann Capital founder Felix Hartmann said in a Feb. 8 X post.
Hartmann said that crypto funding rates — payments that help keep trading fair by aligning futures and spot market prices — have been “negative for a while,” meaning there are more sellers than buyers.
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