Bitcoin Net Taker Volume Turns Positive as Funding Stays Negative for 23 of 30 Days

Over the last 30 days, Bitcoin's derivatives metrics have shifted from strong selling pressure toward early signs of demand recovery, with the Net Taker Volume SMA-7D rebounding from about -1.66 to +0.18 and showing three consecutive days of buyer dominance. At the same time, perpetual funding rates have finished negative on 23 of the past 30 days, including deep negative spikes at -145.9 and -126, leaving a gap between spot aggression and derivatives positioning. This divergence raises the question of whether the move back into the $67,000-$70,000 range marks the start of a sustained bullish phase or just a counter-trend rally within a weaker structure.