Coinglass's data is quite interesting—on the surface, the market looks bearish, but the price is secretly creeping upward, a typical case of "talking tough but acting honestly," waiting for a breakout point where the funding rate turns positive.

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BlockBeatNews
Current mainstream CEX and DEX funding rate displays indicate the market remains significantly bearish
According to Coinglass data, Bitcoin slightly rose amid volatility on May 25, while the funding rates on mainstream CEX/DEX still indicate a bearish market, as shown in the attached chart. Funding rate explanation: 0.01% is the baseline; above 0.01% indicates a bullish market; below 0.005% indicates a bearish market.
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