BREAKING
65d 20h ago

Bitcoin Bearish Momentum as Coinglass Funding Rates Across Major CEXs and DEXs Signal Market Dip

BTC

BTC/USDT

$75,975.55
-2.57%
24h Volume

$38,392,208,293.68

24h H/L

$79,084.29 / $72,945.50

Change: $6,138.79 (8.42%)

Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,143.12

0.49%

Volume (24h): -

Resistance Levels
Resistance 3$89,425.17
Resistance 2$82,177.57
Resistance 1$77,863.52
Price$76,143.12
Support 1$75,474.19
Support 2$72,912.22
Support 3$61,211.28
Pivot (PP):$76,136.15
Trend:Downtrend
RSI (14):26.8

As of November 30, Coinglass data compiled by COINOTAG shows that current funding rates on major CEXs and DEXs point to a bearish tilt in the crypto market. These metrics apply to perpetual contracts and function as a price-balancing mechanism, aligning contract pricing with the underlying assets and influencing trader margins.

Interpretation: The funding rate hovers near a baseline of 0.01%, signaling neutral conditions. Readings above 0.01% imply modest bullish incentives, while levels near or below 0.005% indicate bearish pressure and increased hedging among market participants. Monitoring these rates provides a real-time gauge of funding dynamics across leading platforms.

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