As reported by Blockbeats, on November 29, according to Coinglass data, the crypto market recently experienced a broad rebound, with Bitcoin briefly surpassing $93,000. However, current funding rates on major centralized and decentralized exchanges indicate a continued bearish sentiment. Funding rates, which are used to balance perpetual contract prices with underlying asset prices, are currently below 0.005%, signaling widespread bearishness.
Mainstream CEX and DEX Funding Rates Indicate Market Remains Bearish Despite Recent Rally
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