📊 Market Sentiment Update

According to BlockBeats, data from Coinglass shows that funding rates across major CEXs and DEXs point to bearish sentiment for both Bitcoin ($BTC ) and Ethereum ($ETH ).

🔍 Why it matters:

Funding rates are used to keep perpetual contract prices aligned with spot prices.

✅ Benchmark rate: 0.01%

📈 Above 0.01% → bullish sentiment

📉 Below 0.005% → bearish sentiment

Currently, rates are signaling caution, as shorts dominate the market atmosphere.

#BTC #ETH #DEX #CryptoMarket #GoldPriceRecordHigh

⚠️ Disclaimer: This content includes third-party market data and opinions. It does not constitute financial advice. In compliance with MiCA requirements, unauthorized stablecoins are subject to restrictions for EEA users. Please review Binance’s Terms & Conditions for more details.