According to BlockBeats, on January 9th, Coinglass data shows that the crypto market, after a recent rebound, has fallen back to the $90,000 level. Currently, funding rates on major CEXs and DEXs indicate a bearish market (including Bitcoin and altcoins). Specific funding rates for major cryptocurrencies are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for exchanging funds between long and short traders. 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. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market. A funding rate less than 0.005% indicates a generally bearish market.