#Ethereum Funding Rate Analysis 🔍
ETH funding rates have historically spiked (red circles) before major price drops — showing overleveraged longs getting wiped out.
Right now (yellow circle), funding is rising but still in a safe zone, supporting ETH’s breakout above $3.7K.
No signs of euphoria yet — this rally looks healthy and sustainable for now. Just keep an eye if funding overheats again.
DYOR NFA