Recently, there has been an interesting phenomenon in the perpetual contract market. The funding rate rebounded from near 0% to about 0.005%, but in the last 24 hours, it slipped back to around 0.003%. What does this operation indicate?



Generally speaking, for the market to truly sustain a rally, the funding rate needs to stay above 0.01% to have confidence. At this level? Honestly, the market still has support, but it's a bit short of the strong bullish signals that would make traders feel secure.

In other words, the enthusiasm for going long is there, but it hasn't reached a frenzy level yet. This stage is mainly about observing whether the market can break higher. If the funding rate continues to rise and breaks through the 0.01% threshold, that would be a real indication of a solid support for the upward move. The current situation is more of an observation period, and we need to keep watching how the market develops.
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MoneyBurnerSocietyvip
· 18h ago
Hmm... The fee rate fluctuates between 0.003 and 0.005, which is a sign that the market is still hesitant. Let's wait until it breaks 0.01. At this rate, the bulls won't be able to run fast anymore.
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MoonWaterDropletsvip
· 01-06 12:55
The fee rate is so disappointing, no wonder no one dares to hold a heavy position. This move is just a test; they haven't really started to exert effort yet. 0.01% is the watershed; we're still far from it. Watching closely, we'll see when the fee rate increases. Are they about to start deceiving us long positions again?
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OPsychologyvip
· 01-06 12:54
The fee rate fluctuates between 0.003-0.005, indicating that no one dares to go all in yet. Wait until it breaks 0.01% before talking. For now, it's just a testing phase. This wave of market movement is a bit awkward, neither up nor down. Funds are on the sidelines, waiting to see what happens next.
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DisillusiionOraclevip
· 01-06 12:52
The fee rate is so low and you still want it to rise? Dream on, wait until it breaks 0.01% before talking --- The observation period is just a synonym for lack of confidence; this wave is really hanging by a thread --- Lack of enthusiasm, funds are all hiding --- To put it simply, it's still testing the waters; a breakout is the real signal --- This chart is a bit sluggish; it depends on whether the follow-up can be powerful --- Enthusiasm for going long? I think it's just kite flying --- Thinking of fooling people into following with 0.003%? Too naive
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BlockBargainHuntervip
· 01-06 12:44
The fee rate operation is truly awkward, repeatedly fluctuating between 0.003 and 0.005, almost missing the right timing. You still want to break through at this level? I think I'll wait a bit longer.
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GrayscaleArbitrageurvip
· 01-06 12:43
Fee rate plunges and then rebounds again, this rhythm really messes with people Let's wait until it breaks 0.01% before talking. No one dares to hold a heavy position with this shaky appearance The observation period is just an observation period, don't be fooled by false breakouts Funds aren't that aggressive, the market still needs to hold back for another wave 0.003%? To put it simply, the bulls are not aggressive enough
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BearMarketBuyervip
· 01-06 12:30
The fee rate is so low and you're still hesitating, it seems I still have to wait. They're starting to play us again, only daring to move when it breaks 0.01%? Still early. The observation period just shows a lack of confidence; this wave feels a bit weak. The falling fee rate indicates that the bulls are scared; I'll just watch quietly. Strong signals are still weak; might as well go to sleep. Sounds like they're saying "it might go up, or it might not," impressive. The fee rate can't be pushed up; this rebound is probably going to stall.
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