According to BlockBeats, on May 17, Coinglass data shows that the funding rates of major CEX and DEX have indicated a market inclination towards bearish trading. The funding rate is a rate set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price. A funding rate of 0.01% is the benchmark rate, greater than 0.01% indicates a bullish market, and less than 0.005% indicates a bearish market.