December 10, the funding rates of major altcoins experienced a 50%-90% decline on December 10, which is a relatively healthy market performance, with long positions fleeing. After the spike to 95000 on the 10th, most leveraged altcoin positions have been liquidated, which is a reasonable turnover.
The following chart shows the funding rate of CRV.
I believe the market is relatively healthy and not in a stage of a crash.