PANews reported on December 5 that according to SoSoValue data, Bitcoin funding rate briefly exceeded 100% annualized, and has now fallen back to 79.33%. At the same time, the Fear and Greed Index (FGI) reached 84, indicating that the market is in an extremely greedy state. The funding rate is a fee paid regularly between traders based on the difference between the perpetual contract price and the spot price. The annualized funding rate is the result of calculating the real-time funding rate every 8 hours and annualizing it.