The current mainstream CEX and DEX funding rates have exacerbated the bearish market trend
On April 7th, according to Coinglass data, the current mainstream CEX and DEX funding rate situation has intensified the bearish market trend. The specific funding rates for mainstream currencies are as shown in the attached image. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market sentiment. When the funding rate is less than 0.005%, it indicates a generally bearish market sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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