On December 10, the funding rates of various major altcoins experienced a decline of 50%-90%, which is a sign of a relatively healthy market, as long positions are fleeing. After the spike to 95,000 on the 10th, most leveraged altcoin positions have already been liquidated, which is a reasonable turnover.
The chart below shows the funding rate for CRV.
I believe the market is relatively healthy and has not reached a stage of collapse.
