📰 【Current mainstream centralized exchanges (CEX) and decentralized exchanges (DEX) funding rate displays, the market still generally bearish.】

BlockBeats news, on April 30th, according to Coinglass data, Bitcoin fell below $76k, and the current mainstream CEX and DEX funding rates show the market remains bearish, with specific funding rates shown in the attached chart. BlockBeats note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, usually applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders; the trading platform does not charge this fee, but uses it to adjust the cost or profit for traders holding contracts, keeping the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate...

Brothers, when I was watching the market, I saw this funding rate data, and I really didn't feel good about it. Bitcoin has already dropped below 76k, and these exchanges are still collectively bearish. This clearly shows the big players are messing around, trying to shake out the last retail chips. Look at this, these people go to great lengths to create perpetual contracts, just to make the longs pay more, push the price down, and then scoop up the bottom? $BTC With the current situation, there's not even a decent rebound, market sentiment is as cold as an ice cellar, but the more it is like this, the more we need to stay alert and not be fooled by these institutions.

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