{"id":681294,"date":"2025-01-23T07:30:16","date_gmt":"2025-01-23T07:30:16","guid":{"rendered":"https:\/\/wncen.com\/?p=681294"},"modified":"2025-01-22T17:15:53","modified_gmt":"2025-01-22T17:15:53","slug":"bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates","status":"publish","type":"post","link":"https:\/\/wncen.com\/bitcoin-news\/bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates\/","title":{"rendered":"Bitcoin Hovers Above $104K\u2014Analyst Reveals What\u2019s Next Based on Funding Rates"},"content":{"rendered":"<p>Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. So far, the asset has seen a slightly reduced upward momentum with the price just hovering above $104,000.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>However, despite the slowing upward momentum, Bitcoin&#8217;s recent performance has prompted renewed interest in the market. CryptoQuant analyst Burak Kesmeci has recently shared <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6790fbcbc09a2f3ea00c366a-Binance-Bitcoin-Funding-Rates-Insights-from-Past-Bull-Cycles\" target=\"_blank\" rel=\"noopener nofollow\">insights<\/a> into Bitcoin\u2019s price behavior and key market indicators, shedding light on potential future moves.<\/p>\n<p>In a recent post on the CryptoQuant QuickTake Platform, Kesmeci\u2019s analysis focused on Binance Bitcoin Funding Rates, a metric that provides notable clues about <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-short-term-holders-are-selling-at-a-loss-what-this-means-for-btc\/\" target=\"_blank\" rel=\"noopener \">market sentiment and dynamics<\/a>.<\/p>\n<p>By reviewing historical data from previous bull cycles, he identified three distinct phases that can serve as a framework for interpreting the current market environment.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-short-term-holders-are-selling-at-a-loss-what-this-means-for-btc\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Short-Term Holders Are Selling at a Loss: What This Means For BTC<\/a><\/div>\n<h2>What&#8217;s Next For Bitcoin Based On Funding Rates?<\/h2>\n<p data-pm-slice=\"1 1 []\">According to Kesmeci, during the 2020-2021 bull run, Binance Bitcoin Funding Rates moved through three distinct phases:<\/p>\n<p>Phase 1 (July 2020): Funding rates remained stable at 0.01 for weeks before demand surged. This phase acted as the \u201ccalm before the storm,\u201d leading Bitcoin from $9,000 to $12,000 as funding rates rose to 0.10.<\/p>\n<p>Phase 2 (November 2020): After an initial rally, Bitcoin experienced a correction. Funding rates briefly turned negative before flipping positive, supporting <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-could-surge-to-1-7-million-according-to-cryptoquant-and-glassnode\/\" target=\"_blank\" rel=\"noopener \">Bitcoin\u2019s climb<\/a> from $12,000 to $19,000.<\/p>\n<p>Phase 3 (December 2020): As Bitcoin surpassed its previous highs and crossed the $60,000 mark, funding rates climbed significantly, reflecting strong market support.<\/p>\n<figure style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img.cryptoquant.com\/192610\/quicktake\/M0Xof8aMk_c842a239e38a3a1d1817fb078bbe6615950f01db0dbb0ea16d96896349784d05.png?resize=1280%2C720&#038;ssl=1\" alt=\"Binance Bitcoin Funding Rates.\" width=\"1280\" height=\"720\"><figcaption class=\"wp-caption-text\">Binance Bitcoin Funding Rates. | Source: TradingView<\/figcaption><\/figure>\n<p data-pm-slice=\"1 1 []\">Currently, Kesmeci notes that Binance Bitcoin Funding Rates are at the baseline level of 0.01\u2014consistent with the early stages of a bull cycle. The analyst wrote:<\/p>\n<blockquote>\n<p data-pm-slice=\"1 1 []\">Analyzing recent data, I believe we\u2019ve completed the first two phases of this bull cycle. For the third phase, I\u2019ll be closely watching if the Binance Bitcoin Funding Rates exceed 0.01.<\/p>\n<\/blockquote>\n<p data-pm-slice=\"1 1 []\">The analyst mentioned that a sustained rise above the 0.01 level would suggest heightened futures market activity and could lead to another <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-eyes-further-gains-as-ethereum-struggles-with-declining-demand\/\" target=\"_blank\" rel=\"noopener \">significant upward move<\/a>.<\/p>\n<p data-pm-slice=\"1 1 []\">However, Kesmeci also cautions that elevated funding rates are often unsustainable, and markets tend to correct through \u201clong squeeze\u201d events that restore balance.<\/p>\n<h2 data-pm-slice=\"1 1 []\">Key Metrics and Divergences in the Market<\/h2>\n<p>In a separate analysis, another CryptoQuant analyst TraderOasis <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6790bcdfc09a2f3ea00c35c3-Coinbase-premium-index-Open-interest-Funding-rate-Price-action\" target=\"_blank\" rel=\"noopener nofollow\">explored<\/a> several critical metrics, including the Coinbase Premium Index, open interest, and funding rates. These indicators give a picture of Bitcoin\u2019s market health and potential direction.<\/p>\n<p>TraderOasis highlighted a divergence between the Coinbase Premium Index and Bitcoin\u2019s price movement. While the asset reached a new peak above $109,000, the Coinbase Premium Index formed a lower high. This lack of alignment raised concerns about the sustainability of the current price trend.<\/p>\n<p>Moreover, a divergence between open interest and price also suggested that the market might lack the robust foundation needed for continued <a href=\"https:\/\/wncen.com\/bitcoin-news\/greed-strikes-bitcoin-corrects-102000-fomo-spike\/\" target=\"_blank\" rel=\"noopener \">upward momentum<\/a>. According to TraderOasis, a healthy uptrend requires these metrics to be more closely aligned, which would signal strong investor confidence and a stable market structure.<\/p>\n<p>Looking at funding rates, TraderOasis observed a recent bearish sentiment among traders. However, he noted that such conditions often <a href=\"https:\/\/wncen.com\/bitcoin-news\/1-million-bitcoin-pulled-from-exchanges-in-the-past-3-years-what-it-means-for-the-btc-market\/\" target=\"_blank\" rel=\"noopener \">precede sharp price movements<\/a>.<\/p>\n<p>The analysis suggested the possibility of an initial upward spike to shake out bearish positions, followed by a subsequent pullback. This pattern, if realized, could set the stage for a more sustainable long-term uptrend.<\/p>\n<figure style=\"width: 3250px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/6q4bGVo7\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"3250\" height=\"1794\"><figcaption class=\"wp-caption-text\">BTC price is moving upwards on the 2-hour chart. Source: BTC\/USDT on <a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT.P\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p>Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. So far, the asset has seen a slightly reduced upward momentum with the price just hovering above $104,000.\u00a0 However, despite the slowing upward momentum, Bitcoin&#8217;s recent performance has prompted renewed interest in the market. CryptoQuant analyst Burak Kesmeci has recently shared insights into Bitcoin\u2019s price behavior and key market indicators, shedding light on potential future moves. In a recent post on the CryptoQuant QuickTake Platform, Kesmeci\u2019s analysis focused on Binance Bitcoin Funding Rates, a metric that provides notable clues about market sentiment and dynamics. By reviewing historical data from previous bull cycles, he identified three distinct phases that can serve as a framework for interpreting the current market environment. Related Reading: Bitcoin Short-Term Holders Are Selling at a Loss: What This Means For BTC What&#8217;s Next For Bitcoin Based On Funding Rates? According to Kesmeci, during the 2020-2021 bull run, Binance Bitcoin Funding Rates moved through three distinct phases: Phase 1 (July 2020): Funding rates remained stable at 0.01 for weeks before demand surged. This phase acted as the \u201ccalm before the storm,\u201d leading Bitcoin from $9,000 to $12,000 as funding rates rose to 0.10. Phase 2 (November 2020): After an initial rally, Bitcoin experienced a correction. Funding rates briefly turned negative before flipping positive, supporting Bitcoin\u2019s climb from $12,000 to $19,000. Phase 3 (December 2020): As Bitcoin surpassed its previous highs and crossed the $60,000 mark, funding rates climbed significantly, reflecting strong market support. Currently, Kesmeci notes that Binance Bitcoin Funding Rates are at the baseline level of 0.01\u2014consistent with the early stages of a bull cycle. The analyst wrote: Analyzing recent data, I believe we\u2019ve completed the first two phases of this bull cycle. For the third phase, I\u2019ll be closely watching if the Binance Bitcoin Funding Rates exceed 0.01. The analyst mentioned that a sustained rise above the 0.01 level would suggest heightened futures market activity and could lead to another significant upward move. However, Kesmeci also cautions that elevated funding rates are often unsustainable, and markets tend to correct through \u201clong squeeze\u201d events that restore balance. Key Metrics and Divergences in the Market In a separate analysis, another CryptoQuant analyst TraderOasis explored several critical metrics, including the Coinbase Premium Index, open interest, and funding rates. These indicators give a picture of Bitcoin\u2019s market health and potential direction. TraderOasis highlighted a divergence between the Coinbase Premium Index and Bitcoin\u2019s price movement. While the asset reached a new peak above $109,000, the Coinbase Premium Index formed a lower high. This lack of alignment raised concerns about the sustainability of the current price trend. Moreover, a divergence between open interest and price also suggested that the market might lack the robust foundation needed for continued upward momentum. According to TraderOasis, a healthy uptrend requires these metrics to be more closely aligned, which would signal strong investor confidence and a stable market structure. Looking at funding rates, TraderOasis observed a recent bearish sentiment among traders. However, he noted that such conditions often precede sharp price movements. The analysis suggested the possibility of an initial upward spike to shake out bearish positions, followed by a subsequent pullback. This pattern, if realized, could set the stage for a more sustainable long-term uptrend. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":681347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88240],"tags":[428,629,1119,78790,6664,10923],"class_list":["post-681294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-market","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market"],"acf":[],"yoast_head":"\n<title>Bitcoin Hovers Above $104K\u2014Analyst Reveals What\u2019s Next Based on Funding Rates<\/title>\n<meta name=\"description\" content=\"Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/wncen.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Hovers Above $104K\u2014Analyst Reveals What\u2019s Next Based on Funding Rates","description":"Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/wncen.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Hovers Above $104K\u2014Analyst Reveals What\u2019s Next Based on Funding Rates","url":"http:\/\/wncen.com\/bitcoin-news\/bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/bitcoin-news\/bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-22-17.45.05-A-professional-and-visually-engaging-digital-illustration-depicting-Bitcoins-logo-prominently-displayed-above-a-symbolic-price-chart-with-the-number.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-22-17.45.05-A-professional-and-visually-engaging-digital-illustration-depicting-Bitcoins-logo-prominently-displayed-above-a-symbolic-price-chart-with-the-number.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin market","btc","btcusdt","crypto","crypto market"],"dateCreated":"2025-01-23T07:30:16Z","datePublished":"2025-01-23T07:30:16Z","dateModified":"2025-01-23T07:30:16Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Hovers Above $104K\\u2014Analyst Reveals What\\u2019s Next Based on Funding Rates\",\"url\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/bitcoin-news\\\/bitcoin-hovers-above-104k-analyst-reveals-whats-next-based-on-funding-rates\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/DALL\\u00b7E-2025-01-22-17.45.05-A-professional-and-visually-engaging-digital-illustration-depicting-Bitcoins-logo-prominently-displayed-above-a-symbolic-price-chart-with-the-number.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/DALL\\u00b7E-2025-01-22-17.45.05-A-professional-and-visually-engaging-digital-illustration-depicting-Bitcoins-logo-prominently-displayed-above-a-symbolic-price-chart-with-the-number.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin market\",\"btc\",\"btcusdt\",\"crypto\",\"crypto market\"],\"dateCreated\":\"2025-01-23T07:30:16Z\",\"datePublished\":\"2025-01-23T07:30:16Z\",\"dateModified\":\"2025-01-23T07:30:16Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/DALL\u00b7E-2025-01-22-17.45.05-A-professional-and-visually-engaging-digital-illustration-depicting-Bitcoins-logo-prominently-displayed-above-a-symbolic-price-chart-with-the-number.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/681294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=681294"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/681294\/revisions"}],"predecessor-version":[{"id":681370,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/681294\/revisions\/681370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/681347"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=681294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=681294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=681294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}