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The current mainstream CEX, DEX funding rate shows that the market is still generally bearish
On December 21st, according to Coinglass data, BTC rebounded last night and has since risen above $98,000, while ETH has rebounded above $3,500, and AltCoins have also risen. However, the current funding rates on mainstream CEX and DEX platforms indicate a bearish market sentiment. The funding rates for specific mainstream cryptocurrencies are shown in the following figure. BlockBeats Note: When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a bullish market sentiment. When the funding rate is less than 0.005%, it represents a bearish market sentiment.