The funding level remains neutral even though $ETH has increased by 40% in a week and other coins are also recovering strongly.
In the cryptocurrency market, a neutral funding level indicates the cautious sentiment of traders, even as the price of Ethereum ($ETH) just experienced a strong surge, rising up to 40% in the past week. This may reflect the wait for clearer signals from the market before investors inject more capital to maintain the upward momentum. However, the widespread recovery of many coins may signal an upcoming positive phase, bringing hope for a more sustainable growth.
