
According to Coinglass data, the crypto market retreated to the $90,000 region after a rebound, while funding rates across major centralized and decentralized exchanges remained bearish, signaling continued caution among derivatives traders.
Coinglass data shows that after a recent rebound, the crypto market pulled back to around the $90,000 level, alongside persistently bearish funding rates across major centralized and decentralized exchanges. Funding rates falling below 0.005% indicate negative sentiment in perpetual futures markets, reflecting cautious positioning by traders.