Ethena founder: The trough of the average funding rate can be seen as a bottoming signal, and altcoins may rebound vertically
Ethena Labs founder Guy Young posted on the X platform saying: "In the past two years, we have only experienced two periods where the average funding rate was below the risk-free interest rate for more than two weeks in a row. After these two times, altcoins have rebounded vertically. Now we are witnessing the third time."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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