Good news for BTC price action. The Carry trade or also called the Bases trade,  are responsible for the BTC price staying flat or going down when at the same time we see massive inflows into the Bitcoin ETF's. When the funding rates for these go negative, this indicates a high level of short interest in the market, it can lead to a short squeeze which leads to a nice green candle for the price of Bitcoin. The funding rates are about to turn negative this morning.