According to BlockBeats, on February 15th, Coinglass data showed that as Bitcoin rebounded and broke through $70,000, Ethereum briefly broke through $2,100. Current funding rates on major CEXs and DEXs indicate that while the market remains bearish, bearish sentiment towards Ethereum has significantly eased. ETH funding rates on almost all platforms have returned to neutral. Specific funding rates 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. They are typically applied 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.