Data compiled by Woofun AI shows Bitcoin trading at $64,106.46, reflecting a 24-hour decline of 1.16%, while Ethereum is priced at $1,747.67 with a 1.41% drop over the same period. Current funding rates across major centralized and decentralized exchanges suggest that bearish market momentum is dissipating. For BTC, platform-specific rates are generally shifting toward positive territory, yet most remain below the baseline, indicating a neutral-to-weak structure where bullish momentum is moderate but not yet collectively dominant.

Meanwhile, ETH exhibits slightly stronger sentiment compared to BTC. Funding rates on most mainstream ETH platforms have surpassed the 0.005% threshold, positioning them within a neutral range. Although the recovery of bullish sentiment for Ethereum is outpacing that of Bitcoin, it has not yet generated a valid long signal. Funding rates serve as a mechanism to align perpetual contract prices with underlying asset values, with 0.01% marking the baseline; rates above this level typically signal bullish conditions, while those below 0.005% indicate bearish pressure.