The current mainstream CEX and DEX funding rate indicators show that the market's bearish sentiment has deepened.

MeNews · 2026-04-09T19:20:50+00:00

Bitcoin price rises to $72k, but the funding rates on mainstream trading platforms indicate that bearish sentiment is deepening. Changes in funding rates reflect the capital exchange mechanism between long and short traders, providing a reference for market trends.

MeNews

2026-04-09 19:20:50

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ME News Report, April 10 (UTC+8), according to Coinglass data, as Bitcoin once again surpasses $72k today, the current mainstream CEX and DEX funding rates indicate that the market’s bearish sentiment has deepened, with specific funding rates shown in the attached chart. BlockBeats Note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders; the trading platform does not charge this fee, but uses it to adjust the cost or profit for traders holding contracts, keeping the contract price close to the underlying asset price. When the funding rate is 0.01%, it indicates the baseline rate. When the funding rate exceeds 0.01%, it signifies a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market. (Source: BlockBeats)

BTC0.9%

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