According to BlockBeats, on March 17, Coinglass data showed that mainstream CEX and DEX funding rates indicate that the crypto market is no longer bearish. The funding rate is a rate set by a cryptocurrency trading platform, which is used to maintain the balance between the contract price and the underlying asset price, and is suitable for perpetual contracts. A benchmark rate of 0.01%, greater than 0.01% means the market is long, and less than 0.005% means the market is bearish.