Looking at recent charts, I've noticed that even though Bitcoin and altcoins are rebounding, the funding rates on CEXs and DEXs are still low. I think this means that short sellers still have the upper hand in the overall market.



Funding rate is a fee used to balance longs and shorts in perpetual contracts, with 0.01% as the standard. When it's higher than that, it indicates buying dominance; when lower, it shows selling dominance. In the current situation, even though prices are rising, the low funding rate suggests that market participants' sentiment is still bearish.

This is a warning sign. When there's selling pressure during an uptrend, it can cast doubt on the sustainability of the rebound. It likely means that the bottom zone is still ongoing.
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