On-chain analysis platform Glassnode stated on platform X that despite Bitcoin trading prices exceeding $108,000 and most holders being in profit, the funding rate is only 0.0079%, remaining sluggish and below neutral levels. Moreover, the funding rates for the top ten cryptocurrencies by market capitalization are generally low, with only XRP and DOGE having funding rates slightly above neutral levels, indicating an unexpectedly low willingness to speculate among investors in the market.