Odaily Planet Daily News: Julio Moreno, head of research at CryptoQuant, said that the 30-day moving average of the funding rate has turned positive, indicating that futures traders are more bullish. Moreno pointed out that this upward trend occurred after a long period of decline, indicating that market participants may turn more optimistic. Coinglass data shows that Ethereum's open interest weighted funding rate has been on a positive trend since the Federal Reserve cut interest rates on September 18, and is currently 0.0089%. QCP Capital analysts also noticed that the funding rates of major exchanges have improved, and they believe that this is related to the recent interest rate cuts. Since the Federal Reserve cut the federal funds rate by 50 basis points on September 18, the price of Ethereum has risen by more than 17%, outperforming Bitcoin's 10% increase in the same period. (The Block)