According to Coinglass data, the funding rates of mainstream CEX and DEX indicate that the market is almost entirely bearish.

Funding rates are the fees set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price.

When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market. $BTC $ETH $SOL