According to ChainCatcher, CryptoQuant analyst Axel Adler Jr said that when the 30-day percentile funding rate of mainstream trading platforms falls to about 50%, it usually corresponds to a local bottom stage, and then the market resumes its upward trend.
After the bottom in April 2025, the funding rate percentile is 54%. The bullish trend still maintains momentum, and the focus will be on the 80% level. A break of this level may mean that the market is over-enthusiastic and there is a risk of adjustment.
