Funding rates on major centralized and decentralized exchanges (CEX and DEX) suggest a continued bearish sentiment towards altcoins, according to Coinglass data. Despite a recent market rebound, these rates indicate a lack of confidence in altcoins, while Bitcoin maintains a neutral funding rate. Funding rates are crucial for balancing contract prices with underlying asset prices, particularly in perpetual contracts. A rate below 0.005% signals bearish market sentiment, while a rate above 0.01% indicates bullishness. Currently, altcoins are experiencing rates that reflect a bearish outlook, contrasting with Bitcoin's stable position.