$BTC The current funding rate is 0.0001. This rate is usually applied to perpetual contracts.

A positive number indicates strength on the long side, while a negative number indicates strength on the short side.

Since the current funding rate is neutral (close to zero), it does not provide a clear bullish or bearish indication.

On the other hand, the market index is 31, which is considered a fear level, generating caution in investors, thus limiting the bullish momentum.