Bitcoin continues to trade within a range as funding rates on major centralized and decentralized exchanges (CEXs and DEXs) indicate a sustained bearish sentiment, according to Coinglass data. Ethereum, which had previously seen neutral funding rates, has also turned negative again, suggesting a similar market outlook. Funding rates, which are fees set by trading platforms to align contract prices with underlying asset prices, show that when rates fall below 0.005%, it reflects a bearish market sentiment. These rates are crucial for perpetual contracts, as they facilitate fund exchanges between long and short traders, helping maintain price alignment without the platform collecting these fees.