In their Tuesday market report, K33 Research unveiled a crucial indicator: the 30-day average funding rate for perpetual futures has dipped into negative territory, an event that has occurred only six times since 2018. According to historical data, when the monthly funding rate reaches negative values, the market is typically at its lowest point, followed by a usual significant increase in value. The report noted that within 90 days after this indicator becomes negative, the average return rate averages at 79%, and the median return rate is 55%. This implies that the cryptocurrency market could soon witness a robust rally.