Market Sentiment Remains Bearish: Funding Rates Signal Downtrend

Recent data from Coinglass reveals that market sentiment remains bearish, with funding rates across both centralized and decentralized exchanges (CEX and DEX) indicating this trend. Data illustrating these funding rates is provided below. 0.01% represents the baseline for funding rates. When a rate exceeds this mark, it suggests bullishness. Conversely, when the rate dips below 0.005%, it points to bearish market trends.