$ONT | What Market Data Reveals Now

Read: The difference between spot and futures reveals a temporary pricing imbalance.

Key evidence: Futures are trading at a discount to spot of about -0.51%. Reference price: 0.0598 USDT. Open positions are close to 73.1 million. Funding is negative and tends to crowd selling pressure at -0.0025%.

Confirmation condition: The spread must continue alongside supportive inflows.

When will the reading weaken? Rapid contraction back toward normal.

Confidence level: Medium; the reading remains conditional on the data staying the same.

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