BREAKING
70d 22h ago

Bitcoin Funding Rates Edge Lower on Major CEXs and DEXs as Bearish Sentiment Eases

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, citing Coinglass data, reports that funding rates across major CEXs and DEXs have edged lower, signaling a modest retreat in bearish pressure within the crypto markets.

Across select assets, the baseline funding rate sits near 0.01%, with readings above this threshold typically signaling bullish momentum and improved investor risk appetite.

Underpinning the mechanism, the funding rate governs transitions in perpetual contracts, facilitating fund exchanges between long and short positions; notable that the platform itself does not set this fee.

For readers and traders, the key takeaway is monitoring threshold-driven signals: rates above 0.01% imply bullish sentiment, while rates near or below 0.005% may reflect cautious positioning amid evolving liquidity in crypto markets.

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