Ethena founder: The trough of the average funding rate can be seen as a bottoming signal, and altcoins may rebound vertically

Odaily News Guy Young, founder of Ethena Labs, said in a post on the X platform: “In the past two years, we have only experienced two periods in which the average funding rate was lower than the risk-free rate for more than two weeks in a row. After both times, altcoins rebounded vertically. Now we are witnessing the third time.”