📉 The crypto market bearish signals continue to strengthen, fully ramping up! Mainstream CEX and DEX funding rates are collectively declining, with all categories of funding rates turning negative simultaneously.

Latest market monitoring data shows that the funding rates for major cryptocurrencies' perpetual contracts on leading centralized exchanges (CEX) like Binance and OKX, as well as core trading pairs on top decentralized exchanges (DEX) such as Uniswap and PancakeSwap, are all showing a continuous downward trend. Currently, they have all fallen into negative territory, and the absolute values of negative rates for most assets are still expanding.
As a core indicator that directly reflects the strength of market bulls and bears, the movement of funding rates directly indicates trader sentiment—when funding rates across all asset classes in the market weaken simultaneously and turn negative collectively, it clearly indicates that the current bearish forces have taken full control: most traders are actively opening short positions, and some are even willing to pay extra funding fees to maintain their shorts. This bearish sentiment has spread from individual assets to the entire crypto ecosystem, forming a consensus of bearish outlook across the market.
On the liquidity side, the current market not only lacks clear signals of incremental capital entering, but the recent continuous decline in overall market trading volume further confirms the low willingness of new funds to enter. Meanwhile, the risk-averse sentiment of existing funds has significantly increased, with many investors using leverage to open short positions in advance to hedge potential market pullback risks.
Under the dual overlay of a consensus bearish sentiment and risk-averse behavior of existing funds, the short-term volatility of the crypto market is likely to further amplify, with downside pressure continuously accumulating. Faced with this clear bearish pattern, will you choose to temporarily wait and see to avoid short-term volatility risks, or wait for a pullback to position yourself for a bottom-fishing opportunity?
‍#加密市场 #CEX DEX #资金费率 #Market Sentiment