Funding rates on major CEXs and DEXs signal fading bearish sentiment
- —Funding rates on major CEXs and DEXs show bearish sentiment easing
- —The 0.01% level is the baseline; above it the market leans bullish
- —Rates below 0.005% indicate prevailing bearish sentiment
- —The Coinglass data coincided with a fresh bitcoin rally
Why it matters: Funding rates are a fast read on derivatives positioning: their normalization suggests short pressure on the market is easing.
Source: ChainCatcher 链捕手