BlockBeats News, June 25th, according to HTX market data, Bitcoin is currently trading at $61,684.51, with a 24-hour decrease of 1.88%; Ethereum is currently trading at $1,647.36, with a 24-hour decrease of 1.48%. The current mainstream CEX funding rates show a clear divergence between BTC and ETH: BTC funding rates across platforms have fallen into the bearish range, while ETH is mostly holding above the neutral range, indicating a significantly stronger bullish sentiment compared to BTC.

BlockBeats Note: Funding rates are rates set by cryptocurrency exchanges to maintain balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a mechanism for fund exchange between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.

When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is above 0.01%, it indicates a generally bullish market sentiment. When the funding rate is below 0.005%, it indicates a generally bearish market sentiment.