$ARB big money is running, and any rebound is useless: large orders had a net outflow of 108 million in 3 hours, not a single one of the 12 funding bars saw inflow, the rebound from 0.137 has topped out, both the 4h and daily charts are moving down, the structure has already turned bearish, and contract holdings shrank by 5.31% in one day, showing even the bulls can’t sit still. Enter short at 0.1365, first target 0.128, second target 0.1057, stop loss at 0.1470, above the 1-day high of 0.14677.