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TechFlow reports on December 9 that CryptoQuant analyst ShayanBTC pointed out that Ethereum funding rates have reached their highest level since January 2024, when ETH surged 88%. Data shows that bullish sentiment reflects optimistic market expectations, but a sharp rise similar to January also suggests a potential pullback. Analysts warn investors to watch for short-term correction risks.
CryptoQuant analyst ShayanBTC noted that Ethereum funding rates have reached their highest level since January 2024, when ETH surged 88%. Data shows that heightened long sentiment reflects optimistic market expectations, but a sharp rise similar to that in January also suggests a potential pullback. The analyst warns investors to watch for short-term correction risks.
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