Ethereum latest market observation. According to on-chain data feedback, ETH's 8-hour average funding rate across the network is currently maintained at 0.0017%. What does this positive rate level indicate? Market participants are generally bullish. Funding rate data from a leading exchange even shows a higher positive characteristic, directly reflecting that the bullish forces are in the lead. When the funding rate turns positive and remains at a high level, it usually suggests that traders are highly enthusiastic about going long, and there is strong demand for leveraged longs. Under this market structure, the long side has received funding support, and bullish sentiment has become the mainstream voice in the market.

ETH-1,72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
NFTArchaeologistvip
· 01-06 11:27
The fees are so high, are the days of bulls bleeding out coming? I'm thinking if we can't pump it up this time, we're done for, we'll really get trapped to death.
View OriginalReply0
SatoshiHeirvip
· 01-06 10:25
It should be pointed out that this 0.0017% fee rate level is not enough to justify anything. You guys are once again self-hypnotizing with micro data. I looked through the 2017 paper archives, and this kind of "bullish consensus" has collapsed twice out of three occurrences; history will repeat itself.
View OriginalReply0
SmartContractRebelvip
· 01-05 07:16
Such high fees? It's the rhythm of longs killing longs. Be careful not to chase the high.
View OriginalReply0
BanklessAtHeartvip
· 01-03 17:50
The fee rate is so high, the longs are really taking a hit... Be careful of a reverse explosion.
View OriginalReply0
MoonlightGamervip
· 01-03 17:41
The fees are so high, longs are getting a bit reckless. Be careful of a sharp drop to harvest your positions.
View OriginalReply0
GreenCandleCollectorvip
· 01-03 17:41
The fees are so high, long positions are really exciting... but I still think we need to be cautious, as this is often when you're most likely to get liquidated.
View OriginalReply0
AirdropJunkievip
· 01-03 17:37
The fees are so high... The bulls are so crazy, I feel like something's going to happen.
View OriginalReply0
CryptoPhoenixvip
· 01-03 17:36
The fee rate has increased again, and the bullish sentiment is so high... To be honest, I'm a bit panicked. The last time things were this hot, I lost the most [crying with laughter]. Having gone through those brutal days, I am now more cautious when looking at these data. Opportunities are opportunities, but greed is also the biggest killer. You need to hold your mindset at the bottom range and not be carried away by emotions. That is the real skill to cycle through the market. It's easy to say, but the key is to stay calm during the bullish frenzy... The phoenix rebirth is all about this, right?
View OriginalReply0
NonFungibleDegenvip
· 01-03 17:34
ngl the funding rates going crazy positive rn... probably nothing but my degenerate brain is already aping in 😅
Reply0
ParanoiaKingvip
· 01-03 17:25
The fees are so high, long positions are going to get crushed again... history always repeats itself.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)