📰 【Current mainstream centralized exchanges (CEX) and decentralized exchanges (DEX) funding rate displays show that market short-selling sentiment remains high.】

BlockBeats news, on May 3rd, according to Coinglass data, as Bitcoin surged then retreated and returned to volatility, the current main CEX and DEX funding rates indicate that market short-selling sentiment is still high, with specific funding rates shown in the attached chart. BlockBeats note: The funding rate is a rate 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 it is used to adjust the cost or profit for traders holding contracts, so that the contract price stays close to the underlying asset price. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate is...
See, brothers, the market is collectively shorting again. Every time retail investors flock to the bearish side, the market often changes direction. These people never learn their lesson—rising prices chase the rally, falling prices sell off, and that’s how money gets lost. $BTC $ETH At this position, anyone with a bit of experience should know what to do.