Data: The current mainstream CEX and DEX funding rates indicate that the market is once again fully bearish. In summary, Bitcoin is currently maintaining a range-bound oscillation, with the market being broadly bearish. The funding rates on major CEX and DEX platforms show a downward trend. When the funding rate is below 0.005%, it suggests that market sentiment is pessimistic. According to ChainCatcher news and Coinglass data, Bitcoin remains in a range-bound oscillation. The current funding rates on major CEX and DEX platforms indicate a renewed full bearish outlook, as shown in the attached chart. Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders; the platform does not charge this fee. It is used to adjust the cost or profit for traders holding contracts, keeping the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market. #Gate广场发帖领五万美金红包
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Data: The current mainstream CEX and DEX funding rates indicate that the market is once again fully bearish. In summary, Bitcoin is currently maintaining a range-bound oscillation, with the market being broadly bearish. The funding rates on major CEX and DEX platforms show a downward trend. When the funding rate is below 0.005%, it suggests that market sentiment is pessimistic. According to ChainCatcher news and Coinglass data, Bitcoin remains in a range-bound oscillation. The current funding rates on major CEX and DEX platforms indicate a renewed full bearish outlook, as shown in the attached chart. Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders; the platform does not charge this fee. It is used to adjust the cost or profit for traders holding contracts, keeping the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market. #Gate广场发帖领五万美金红包