Analyst: BTC funding rate is close to the bottom zone, and the bullish trend still has momentum

ChainCatcher news, CryptoQuant analyst Axel Adler Jr stated that whenever the 30-day percentile funding rate on mainstream trading platforms drops to around 50% (in September 2023, May 2024, September 2024, and April 2025), it corresponds to a local bottom phase, followed by a recovery in the upward trend.

After the last bottom in April 2025 and the subsequent rise to $112,000, the current funding rate percentile is at 54%. Based on this pattern, the bullish trend remains strong, and the next focus will be the 80% level. A breakout above this level may indicate excessive market enthusiasm and the risk of a correction.