Analyst: Bitcoin funding rate near bottom zone, bullish trend still has momentum

According to BlockBeats, on July 8th, CryptoQuant analyst Axel Adler Jr wrote that "every time the 30 day percentile funding rate of mainstream trading platforms drops to around 50% (September 2023, May 2024, September 2024, and April 2025), it corresponds to a local bottom stage, followed by a recovery of the upward trend. After the last bottom in April 2025 and subsequent increase to $112000, the current funding rate percentile is 54%. Based on this pattern, the bullish trend still maintains momentum, and the next focus will be on the 80% level. Breaking through this level may mean that the market is overly enthusiastic and there is a risk of adjustment