Bearish Dominance in Ethereum Futures Market Will the Downtrend Continue or Is a Comeback Near? 📉🔮

The futures market has played a significant role in Ethereum price action in recent weeks. If we want to analyze the sentiment in the futures market, we can get a good overview of possible price trends. This chart shows the Ethereum funding rate metric, which indicates whether buyers or sellers are more aggressive in placing orders. Positive values ​​indicate bullish sentiment while negative values ​​indicate bearish sentiment. As can be seen, funding rates have been trending downward in recent months and have reached their lowest point. This steady decline shows that there is a pessimistic mood in the market and that there is not much interest in buying. For Ethereum to recover and reach its all-time high prices, demand in perpetual markets needs to increase. If the current trend continues, we will likely see further price declines in the medium term. In short, things are looking bleak right now, folks! However, keep in mind that things can change very quickly in the crypto world. So pay attention to market signals and trade carefully! 🐻🚀