🚨🚨🚨 BEARISH SENTIMENT PERSISTS IN THE CRYPTO MARKET
According to data from Coinglass, market sentiment remains bearish, supported by negative funding rates on perpetual contracts in centralized and decentralized exchanges.
This indicator reflects the relationship between long and short positions:
Rates above 0.01% suggest optimism (bullish)
Rates below 0.005% reflect pessimism (bearish)
Currently, the majority of key cryptocurrencies show rates below that threshold, confirming selling pressure.
Caution when trading with leverage. Evaluate carefully before opening new positions.
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