A funding rate of 0.01% is generally considered the baseline rate. When the funding rate rises above 0.01%, it typically indicates a bullish market sentiment. On the other hand, when the funding rate drops below 0.005%, it signals a predominantly bearish market outlook. #BTC走势分析 So $BTC Bearish now.
According to BlockBeats, data from Coinglass reveals that the funding rates on major centralized and decentralized exchanges (CEX and DEX) continue to reflect a bearish market sentiment. The funding rates for key cryptocurrencies are detailed in the accompanying chart.Funding rates are a mechanism used by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of the underlying assets, typically applied to perpetual contracts. This mechanism involves the exchange of funds between long and short traders, with the trading platform not collecting this fee. It serves to adjust the cost or profit of holding contracts, ensuring that contract prices remain close to the underlying asset prices.A funding rate of 0.01% is considered the baseline rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market sentiment. Conversely, when the funding rate falls below 0.005%, it suggests a predominantly bearish market outlook.
Don’t trade right now — $BTC may drop. If 89K breaks, 74K could act as the last major support. Watch the market and analyze first, then decide for long or spot/asset trade. Thanks for reading, and thank you for your time.#FutureTarding
Guys!😊 I entered long at $127, and right now $SOL is sitting exactly on its major demand zone, so this is the most important level on the chart.
Current Zone (Very Critical):
$123 – $121 This is the exact support where buyers stepped in previously and where the chart is showing reaction again. If SOL holds above this level, it can stabilize and bounce back toward:
$138
$150
$171 major resistance
If This Support Breaks:
If price closes below $121, next supports come quickly:
Next Support Levels Below:
1. $115 – $116 (first major liquidity pocket)
2. $108 – $110 (high probability retest zone)
3. $102 – $104 (extreme crash support)
Conclusion (Straightforward):
Holding above $121 → bounce likely
Breaking $121 → you will see $115 next
Your entry at $127 is still close to support, so watch the $121 level carefully.