$ETH is down ~5% since the US CPI print, yet ~76% of Binance futures accounts are still long.
• CPI (19:30 ICT Oct 14): 3.7% YoY vs 3.4% in August; core 2.6%.
• ETH ~2,505 → ~2,372 (low 2,318 at 09:00 ICT). Spot volume 24h ~1.21B USD (~1.7x 30-day avg); perp ~14B USD (~11.5x spot).
• Long-account share 74% → 76%, while top traders by position went 61% → 59% long. OI ~2.27M → ~2.31M ETH; funding ~0.
• $BTC for comparison: -2.6% since CPI, long accounts 57% → 64%.
My read: I see retail adding longs into the drop while larger accounts trim, so to me the 2,318 low is where that split gets tested.
Not financial advice.
• CPI (19:30 ICT Oct 14): 3.7% YoY vs 3.4% in August; core 2.6%.
• ETH ~2,505 → ~2,372 (low 2,318 at 09:00 ICT). Spot volume 24h ~1.21B USD (~1.7x 30-day avg); perp ~14B USD (~11.5x spot).
• Long-account share 74% → 76%, while top traders by position went 61% → 59% long. OI ~2.27M → ~2.31M ETH; funding ~0.
• $BTC for comparison: -2.6% since CPI, long accounts 57% → 64%.
My read: I see retail adding longs into the drop while larger accounts trim, so to me the 2,318 low is where that split gets tested.
Not financial advice.