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"CryptoQuant: BTC has shown a stage-bottom when the funding rate drops to about 50% in 30 days, and it is currently at 54%"
PANews, July 7th news, CryptoQuant analyst Axel Adler Jr pointed out that according to the chart, whenever the 30-day percentile funding rate of major exchanges drops to around 50% (marked by green circles: September 2023, May 2024, September 2024, and April 2025), the market has shown a stage bottom, followed by an upward trend. The most recent bottom occurred in April 2025, after which the price of Bitcoin rebounded to $112,000, and the current funding rate percentile remains at 54%. He believes this market structure indicates that the bullish trend is still continuing, with the next focus being on the funding rate reaching 80%. If this level is broken, there may be excessive market enthusiasm and subsequent adjustment risks.