Ethereum Funding Rates Approaches the Critical Bull Threshold of 0.02

Ethereum's Funding Rates nearing the 0.02 mark signifies a pivotal point for potential bull rallies. Historically, surpassing this level has been associated with significant price surges. Over the past four years, Ethereum has experienced substantial gains when Funding Rates exceeded 0.02, underscoring its importance.

In July 2020, Ethereum's price doubled in 50 days as Funding Rates surpassed 0.02. Similarly, in November 2020, Ethereum saw a 1000% increase over 350 days. August 2021 and October 2023 also witnessed notable gains under similar conditions.

These trends highlight the critical role of futures market dynamics in sustaining bull rallies. If Funding Rates remain above 0.02, it could signal promising opportunities for Ethereum and altcoin investors.