"The constant flip flopping by the White House over 2025 is something that markets have not forgotten, and seem to be keeping at top of mind. Funding rates on perpetual futures have dropped dramatically overnight, with BTC around 5% annualized across several exchanges. With little macro news this week, BTC will need some buying momentum in the books to really form an upward trend, otherwise we will see battle done in the order books and likely chop."
"Of the leading memecoins, DOGE has been bolstered by the weekend news, and is trading around the 0.18 level at this time of writing. DOGE's popularity among retail traders remains high, as one of the more fun cryptocurrencies available on nearly every platform. DOGE is seeing funding rates on perpetual futures around 10% annualized across most exchanges, but has an arbitrage opportunity present on Binance, where funding is currently negative, a situation that will mostly likely be taken advantage of by sophisticated traders."
Bitcoin recently rose above $106,500 while the daily candle quickly approaches doji status, indicating fragile momentum. The end of the US government shutdown and announced stimulus payments would normally be risk-on catalysts, but low market trust after White House flip-flopping over 2025 weakens their impact. Perpetual futures funding rates dropped sharply, with BTC around 5% annualized across exchanges. With limited macro news this week, BTC needs fresh buying to establish an uptrend; otherwise order-book battles could produce chop. ETF flows will exert continuous price pressure. DOGE rallied to about $0.18, sees roughly 10% annualized funding, faces Binance arbitrage opportunities, and remains exposed to macro headwinds despite token-sale optimism.
Read at 24/7 Wall St.
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