The bearish atmosphere is easing, but it cannot be said to turn bullish yet. The prices of Bitcoin and Ethereum are still declining, but the funding rates reveal a different signal - the bearish trend is weakening. On the BTC side, rates on various platforms have generally turned positive, but most are still below the benchmark line. The overall structure is neutral and weak, with some momentum from the bulls, but they have not yet collectively reached the baseline, and their strength is limited. ETH's sentiment is slightly stronger than BTC's. The ETH rate on most mainstream platforms has already reached the threshold of 0.005%, falling within the neutral range, and the speed of repairing long sentiment is slightly faster than BTC. But it must be made clear: this is just 'not so bearish anymore', far from being 'bullish'. Neither side has formed an effective bullish signal, and the rate structure seems to be slowly climbing back to neutral from pessimism, rather than bulls truly entering the market. Prices are falling and rates are slowing down - this divergence often means that the market is trying to bottom out, but no one dares to take action first. ETH is a bit warmer and worth taking a closer look at, but now is not the time to draw conclusions.