Data compiled by Woofun AI shows that the 8-hour average funding rate for BTC across the network has retreated to -0.0004%. This negative reading indicates a prevailing bearish bias among leveraged traders over the short term.

Among major venues, Binance recorded a rate of -0.0025% and OKX posted -0.0034%, reinforcing the downward pressure. Conversely, Bybit maintained a positive rate of 0.0004% and Gate stood at 0.0027%, suggesting divergent liquidity conditions across exchanges.