On March 31, according to Coinglass data, the crypto market rebounded, with Bitcoin currently priced at $68,171.00, reflecting a 24-hour increase of 2.34%; Ethereum is priced at $2,079.76, with a 24-hour increase of 3.53%. Current funding rates on major CEX and DEX platforms indicate that bearish sentiment for ETH has eased compared to previous levels, while BTC lags behind, with several platforms still showing negative funding rates, resulting in a clear divergence between the two. Specifically, the ETH funding rate has returned to the +0.0100% benchmark level on multiple platforms, significantly narrowing the overall bearish signal compared to earlier. For BTC, funding rates on platforms like Binance remain in the negative range, with shorts continuing to pay fees to maintain their positions; although some platforms have turned positive, they are all below the 0.005% threshold and have not yet returned to neutral. The funding rates for major cryptocurrencies are illustrated in the attached chart. Note from BlockBeats: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applicable to perpetual contracts. It serves as a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee. It adjusts the cost or profit of holding contracts for traders to keep contract prices close to the prices of underlying assets. A funding rate of 0.01% indicates the benchmark rate. When the funding rate exceeds 0.01%, it suggests a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market.