Bitcoin Bearish Signals as BTC Funding Rates Across Major Exchanges Point to Bear Market for Perpetual Contracts

COINOTAG News reports on November 27, and per Coinglass data, the current funding rates across major CEXs and DEXs indicate a predominantly bearish market sentiment for leading cryptocurrencies. The accompanying image outlines the latest rates for the top assets.

In perpetual contracts, the funding rate is a periodic mechanism that aligns contract prices with the spot price. It facilitates the transfer of value between long and short traders and is not retained by the exchange, serving to adjust the cost or profit of positions toward price parity.

Interpretation: a baseline 0.01% funding rate signals neutral conditions. Readings above this level imply modest bullish momentum, while readings below roughly 0.005% indicate a bearish tilt. Ongoing monitoring of key assets helps gauge sentiment and risk exposure.