** Crypto market funding rate observation: market sentiment is still cold, opportunity or risk? **
BlockBeats news, on September 17, according to the latest data from Coinglass, the current mainstream CEX (centralized exchange) and DEX (decentralized exchange) funding rates generally show that market sentiment is still bearish. Let's take a look at the specific data!
Taking BTC (Bitcoin) as an example, the current mainstream platform BTC/USDT or BTC/USD contract trading pairs have funding rates as follows:
- Binance: -0.0011%
- OKX: 0.0001%
- dYdX: 0.0108%
- bybit: 0.0025%
- Vertex: 0.001%
- Bitget: -0.0022%
From these data, it can be seen that except for dYdX and bybit, the funding rates of other platforms are all below 0.01%, and some platforms even have negative rates. This shows that the overall market sentiment is bearish.
**Funding rate knowledge**
BlockBeats reminds everyone that when the funding rate is 0.01%, it is black, indicating the base rate. When the funding rate is greater than 0.01%, it is red, indicating that the market is generally bullish. When the funding rate is less than 0.005%, it is green, indicating that the market is generally bearish. The stronger the bearish or bullish sentiment, the darker the color.
**Interpretation of market sentiment**
Although the current data shows that the market sentiment is cold, it does not mean that there are no opportunities in the market. The funding rate is just an indicator, and investors need to combine other factors for comprehensive analysis. For those investors who like to "buy the bottom", the current market sentiment may be a signal worth paying attention to.
**Interaction time**
Dear friends, what do you think of the current market sentiment? Are you bullish or bearish? Welcome to share your views and strategies in the comment area! 📈
**Summary of views**
In general, the current funding rate shows that the market sentiment is cold, but this does not mean that there are no investment opportunities. Market sentiment is just a reference indicator, and investors need to consider a variety of factors. No matter how the market changes, it is the best way to maintain rational investment and prudent decision-making.
Hurry up and speak freely in the comment area! Let's discuss the future trend of the crypto market together!