Odaily News Matrixport released today's chart, saying that the scale of Bitcoin futures positions has exceeded $30 billion, plus the $14 billion futures contract of Chicago Mercantile Exchange (CME), setting a new high for the year. Although the funding rate has recently climbed to 30% (annualized), it has now fallen back to 15%, indicating that some leveraged long traders have chosen to close their positions and leave. It is worth mentioning that even with the decline in funding rates, the price of Bitcoin remains strong, highlighting the activeness of buying in the spot market. As the funding rate decreases, speculative long traders are able to return to the market at a lower cost, which further boosts the bullish atmosphere in the market. This series of market changes shows that Bitcoin's upward momentum remains solid.