Currently, the mainstream CEX and DEX funding rates show that market short-selling sentiment has significantly weakened.

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Mars Finance News: As Bitcoin strongly breaks through the $80k mark, the current mainstream CEX and DEX funding rates indicate that market short-selling sentiment has significantly weakened, with specific funding rates shown in the attached chart.
Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts.
It is a mechanism for exchanging funds between long and short traders; the trading platform does not charge this fee, which is used 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 is greater than 0.01%, it signifies a generally bullish market.
When the funding rate is less than 0.005%, it signifies a generally bearish market.

BTC1.45%
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