The current mainstream CEX, DEX funding rate display shows that the market still maintains a bearish sentiment, with Bitcoin's funding rate returning to near neutrality after a decline.

BlockBeats News, February 24th, according to Coinglass data, Bitcoin fell below $63,000 again this morning. The current mainstream CEX and DEX funding rates indicate that the market is still overall bearish. However, most platforms have seen Bitcoin funding rates return to positive values. The specific funding rates are shown in the attached image.

BlockBeats Note: Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.

When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is above 0.01%, it indicates a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market.