BTC: Funding Rates Flip Positive Above 62K

BTC funding rates flipped positive, with longs paying shorts and revealing bullish positioning according to @CryptoKing4Ever. Price currently sits at $63969.82 and remains above the $62K level that could trigger a flush of leveraged longs if lost while funding stays elevated.

Price trades inside the Bollinger Bands with upper resistance at $64239.0 and lower support at $62366.18; the 50-EMA at $63722.17 and 200-EMA at $63672.77 act as concrete support while RSI at 55.81 stays neutral and MACD at 48.01 confirms the golden cross, pointing to continuation toward the upper band before any healthy retracement to the 50-EMA.