[Analysis Suggests Average Funding Rate May Indicate Consolidation, Recommend Monitoring VIX Index to Mitigate Risks]
CryptoQuant analyst Axel stated that on November 13, the average funding rate on major trading platforms like Binance was 0.003%. The current funding level may keep the market in a consolidation phase. Increased bond volatility could impact the stock and Bitcoin markets, and even if the U.S. government resumes operations, the market will still begin to absorb macroeconomic data. It is recommended to closely monitor the VIX index; if it rises, it could signal risk pressure. The VIX index measures the expected volatility of the U.S. stock market over the next 30 days and is known as the 'Fear Index.'