Price +1.4% vs OI +0.6% (24h) on $ETH — price rising faster than OI. Funding is negligible (+0.0067%/8h). That pattern = price move not driven by fresh leveraged longs → shorts aren’t being aggressively flushed yet, but lack of funding pressure means no crowded squeeze signal. Track OI uptick >2% or funding >0.05% for real short-squeeze risk.