Data compiled by Woofun AI shows Bitcoin trading at $63,671.32 with a 24-hour gain of 1.60%, while Ethereum reached $1,723.81, up 1.64%. Despite this minor market rebound, underlying derivatives metrics reveal that both assets remain in bearish territory. BTC funding rates across major platforms have fallen below key thresholds, with half turning negative, indicating that price appreciation has failed to ignite bullish sentiment.

Meanwhile, ETH funding rates also reflect bearish conditions, though they remain predominantly positive, suggesting slightly stronger conviction compared to Bitcoin.