TechFlow news, January 27 — Glassnode data shows that hourly funding rates for major crypto assets (BTC, ETH, SOL, XRP, DOGE) have not yet recovered to the levels seen during last year's bull market from November to early December, indicating a lack of strong buying demand in the market.
Looking at the 168-hour moving average funding rate, all major assets—especially Bitcoin—showed positive momentum earlier last week. In contrast, Solana has remained in a downward funding rate channel since last December. This data suggests that despite high overall market valuations, investors' willingness to go long has clearly weakened, and market sentiment is turning cautious.





