Bullish
Bitcoin Futures Basis Remains Below 2-Year Treasury Yield Since February
2026-08-02 23:04:38
3-month Bitcoin futures basis rate has stayed under the 2-year US Treasury yield since February, a pattern previously seen only during the Aug 2022-Jan 2023 cycle bottom period.
Woofun AI data shows that the 3-month Bitcoin futures basis rate has remained below the 2-year US Treasury yield since February this year. Historically, only one other extended period exhibited this dynamic: from August 2022 to January 2023, which ultimately marked the bottom of the cycle.
WOOFUN AI
Impact Assessment · Quick Read
The sustained inversion between the Bitcoin futures basis and risk-free rates mirrors a prior cycle low, suggesting potential exhaustion in bearish sentiment or funding pressures. While historical precedents indicate such conditions often precede market bottoms, traders should monitor for confirmation signals rather than relying solely on this metric. This alignment may signal shifting leverage dynamics within the derivatives market.
Generated by WOOFUN AI · For reference only, not investment advice
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