The current mainstream CEX and DEX funding rate displays that the market is once again leaning towards bearishness.

On December 10, according to Coinglass data, Bitcoin started a rapid rebound last night and this morning, briefly breaking through $94,600. However, currently, the funding rates on mainstream CEX and DEX platforms indicate that the market has shifted from a neutral stance (as of December 8) back to a bearish outlook, with specific funding rates for major cryptocurrencies shown in the attached chart. BlockBeats Note: Funding rates are rates set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. It is a mechanism for exchanging funds between long and short traders; the trading platform does not charge this fee. It is used to adjust the cost or收益 for traders holding contracts, keeping contract prices close to the underlying asset prices. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate is greater than 0.01%, it signifies a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.