BlockBeats News, January 20th, according to Coinglass data, after experiencing a few days of pullback, the crypto market fell below $91,000 earlier today. Currently, mainstream CEX and DEX funding rates show a slight moderation in market bearishness towards BTC, ETH, and SOL, returning to neutral rates. However, widespread bearish sentiment towards altcoins still exists. Specific funding rates for mainstream coins are shown in the attached image.BlockBeats Note: Funding Rate is a fee set by cryptocurrency derivatives exchanges to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a fund exchange mechanism 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 benchmark rate. When the funding rate is above 0.01%, it indicates a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market.

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