The funding rates are severely differentiated, with long and short sentiments in confrontation: Good news!

I looked at the current funding rate data for mainstream cryptocurrencies on CEX & DEX —

BTC and ETH funding rates mostly fluctuate around the baseline, indicating a neutral market sentiment;

However, the rates for $SUI and $DOGE are polarized, while $LINK and $SOL show negative rates on multiple platforms, clearly indicating bearish positions.

The gap between long and short positions is widening, suggesting significant market divergence and a lack of consensus expectations, which usually means that the real big market move has not yet arrived.

In this phase, blindly chasing long positions or shorting can easily turn one into a “high-priced buyer.” Smart money chooses to “patiently wait” and “test the waters in reverse.”

I say this is a good thing because:

👉 No consensus expectations = No high bubble;

👉 Long and short confrontation = There is room for speculation;

👉 Emotional tearing = There are opportunities against the trend.

Don’t be misled by local sentiments; differentiation itself is a signal. The market doesn’t move in a single leap, but rather in a spiral upward, requiring self-adjustment and correction;

When everyone in the market stands on the same side, that’s when it’s truly dangerous;

Now that the divergence is at its peak, it’s the moment to gather strength for the next real market move.

Uncertainty is not risk; it’s an opportunity where value is mispriced.

As long as you have patience, a position, and a strategy — you can earn money from this “incomprehensible market” that others cannot understand.

📊 Data source: @coinglass_com