$USDC Cryptocurrency News: Cryptocurrency funding rates indicate a neutral to bearish market sentiment on June 18.🚨🚨🚨🚨🚨🚨

Key Takeaways:

Funding rates from major CEX and DEX suggest that the market leans between neutral and slightly bearish.

Most major cryptocurrencies show funding rates below the bullish threshold of 0.01%.

Persistently low or negative funding rates often indicate increased short interest and a cautious sentiment among traders.

Funding rates reflect market sentiment trends.

According to Coinglass data from June 18, the current funding rates for major cryptocurrencies, both on centralized exchanges (CEX) and decentralized exchanges (DEX), show a neutral to slightly bearish sentiment overall.

The rates suggest that traders are cautious, with no clear shift in momentum favoring bulls or bears. While some assets hover around the 0.01% benchmark, most remain below, indicating that short positions are more dominant or that long-term traders lack sufficient confidence to push rates higher.