CryptoQuant Analyst: Ether Funding Rates Hit Multi-Month High, Investors Need to Watch Short-Term Correction Risks

On 9 December, CryptoQuant analyst ShayanBTC noted that ethereum funding rates had reached their highest level since January 2024, when ETH was up 88%. The data suggests that the high bullish sentiment reflects optimistic market expectations, but the sharp rise, similar to that of January, also hints at a possible pullback. Analysts warned investors of the risk of a short-term correction.