mainstream CEX、DEX Funding rates indicate that bearish sentiment in the Bitcoin market is weakening

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Current mainstream CEX、DEX Funding rates indicate that bearish market sentiment is weakening

BlockBeats reported that,October 25, according to Coinglass data, as Bitcoin rebounded slightly, the current mainstream CEX、DEX funding rates indicate that bearish market sentiment is weakening. The specific funding rates are shown in the accompanying image.

BlockBeats note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of underlying assets, and generally apply to perpetual contracts. They are a mechanism for exchanging funds between long and short traders. Trading platforms do not collect this fee; it is used to adjust the cost or return of holding contracts so that contract prices remain close to the prices of underlying assets.

When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.

Original link https://m.theblockbeats.info/flash/373589

Key points

BlockBeats stated that, according to Coinglass data, as Bitcoin rebounded slightly, current mainstream CEX、DEX funding rates indicate that bearish market sentiment is weakening.
Funding rates generally apply to perpetual contracts and are a mechanism for exchanging funds between long and short traders.
When the funding rate is 0.01%it represents the benchmark rate; when it is greater than 0.01%it indicates that the market is generally bullish; when it is less than 0.005%it indicates that the market is generally bearish.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Funding rates help keep perpetual contract prices close to the prices of underlying assets. The report states that the bearishness reflected by the relevant rates is weakening, but the specific rates should be referenced in the accompanying image.

Why it matters to readers

Funding rates can serve as an indicator of long and short sentiment in the perpetual contract market; a reduction in bearishness may indicate a marginal improvement in market sentiment.

It can help beginners understand long and short sentiment in the contract market, but it cannot independently represent subsequent price movements.

Risks and unknowns

The original text did not provide the accompanying image, so the specific funding rates on each platform cannot be verified.
The original text did not specify the magnitude of Bitcoin's slight rebound.
A change in funding rates does not mean that the price trend has already reversed.

mainstream CEX、DEX Funding rates indicate that bearish sentiment in the Bitcoin market is weakening

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