The funding rates for mainstream centralized exchanges (CEX) and decentralized exchanges (DEX) suggest a prevailing bearish sentiment towards altcoins, while Bitcoin and Ethereum have shifted to a neutral stance. Recent market data highlights a stark contrast between altcoins and the leading cryptocurrencies, with CEX and DEX funding rates indicating ongoing concerns about the performance of altcoins. Despite this pessimism surrounding altcoins, Bitcoin and Ethereum have experienced a movement towards neutrality, signaling a potential shift in investor sentiment. Furthermore, the divergence in funding rates illustrates a more cautious approach from investors regarding altcoins while maintaining confidence in $BTC and $ETH. This ongoing sentiment may affect trading strategies and market dynamics in the near term.
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