$G | What the Market Data Reveals Now

Reading: The difference between the spot and futures indicates a temporary pricing anomaly.

Key evidence: Futures are trading at a discount to spot of about -3.36%. Reference price: 0.006955 USDT. Open positions are around 1.31 billion. Funding is negative and tends to intensify downward pressure at -0.0024%.

Confirmation condition: The spread must continue along with supportive inflows.

When will the reading weaken? If it quickly contracts back to normal.

Confidence level: High, and the reading remains conditional on the same data continuing.

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