I noticed that after Bitcoin broke above $77k recently, market sentiment has noticeably shifted. I looked at the funding rate data from major centralized exchanges (CEX) and decentralized exchanges (DEX), and found that the previously strong bearish atmosphere has significantly weakened, with most platforms' rates now returning to neutral levels.

Let me briefly explain what the funding rate is—it's essentially a mechanism for transferring funds between long and short traders, used to balance the contract price with the spot price. When the rate is above the baseline, it indicates that more traders are bullish; conversely, a lower rate suggests a more bearish sentiment. When the market was pessimistic before, the rates on both CEX and DEX were noticeably low, but the situation has improved quite a bit now.

From the data, this rebound has indeed changed the market's short-term mindset. The previous consensus of widespread bearishness is breaking down, and more people are adopting neutral or optimistic attitudes. This might be a signal worth paying attention to.