Coinglass data shows that funding rates on major CEXs and DEXs have returned to neutral territory, signaling an easing of bearish sentiment after a sharp market downturn.
Coinglass reports that funding rates on major CEXs and DEXs have returned to neutral levels, easing bearish sentiment following a sharp market decline. While many perpetual futures rates had been negative, signaling the dominance of short positions, a number of asset pairs reverted to neutral by November 17, indicating a shift toward market stabilization.