The mainstream take often reads the rise in 17/19 as a consensus bullish signal, but on the futures side, it looks like nobody is following along.
$BTC 82,558, +1.20% over 24h; $ETH 2,423, +0.96% over 24h. Market breadth looks lively, but somehow I feel less at ease.
$BTC open interest 1h -0.07%, $ETH open interest 1h -0.19%, $ETH funding rate +0.0088%.
The combination of “slightly higher prices, no increase in leverage” has appeared often in the past. It’s worth watching, and looks more like existing capital driving the move than a rush of new money.
$ETH long/short position ratio: 2.64. Seeing that 2.64 makes me a little wary, so I’m not rushing to go long.
If $BTC stays above the current price, this trend could continue; if it pulls back on increased volume, this read is invalidated.
Hyperliquid’s newly released comment letter to the SEC proposes five changes, including clarifying that airdrops are not securities. Regulatory details are more likely to shift expectations than a simple bullish call.
Which do you trust more: market breadth or open interest?
#Binance #BTC #ETH #Futures
$BTC 82,558, +1.20% over 24h; $ETH 2,423, +0.96% over 24h. Market breadth looks lively, but somehow I feel less at ease.
$BTC open interest 1h -0.07%, $ETH open interest 1h -0.19%, $ETH funding rate +0.0088%.
The combination of “slightly higher prices, no increase in leverage” has appeared often in the past. It’s worth watching, and looks more like existing capital driving the move than a rush of new money.
$ETH long/short position ratio: 2.64. Seeing that 2.64 makes me a little wary, so I’m not rushing to go long.
If $BTC stays above the current price, this trend could continue; if it pulls back on increased volume, this read is invalidated.
Hyperliquid’s newly released comment letter to the SEC proposes five changes, including clarifying that airdrops are not securities. Regulatory details are more likely to shift expectations than a simple bullish call.
Which do you trust more: market breadth or open interest?
#Binance #BTC #ETH #Futures