TechFlow reported, according to SoSoValue data, the Bitcoin funding rate briefly exceeded an annualized 100%, and has currently dropped to 79.33%. Meanwhile, the Fear & Greed Index (FGI) reached 84, indicating an extremely greedy market condition.
Note: The Bitcoin funding rate is a periodic payment made to long or short traders based on the difference between perpetual contract prices and spot prices. The annualized funding rate is calculated from Binance's real-time funding rate, derived as the hourly funding rate multiplied by 3 and then by 365.





