$ETH The top five sellers pressing is 1.35 times the buy order book.
Binance 2696: daily only +0.43%; spot trading volume about 720 million.
OKX fee rate is about -0.003%, with perpetual positions of about 594,000 coins.
The sell wall is still there, and shorts are being paid to hold—this is a deleveraging rebound, not a short squeeze capitulation.
If the sell wall isn’t dismantled, green candles are ineffective.
#ETH盘口 #perpetual funding rate
Binance 2696: daily only +0.43%; spot trading volume about 720 million.
OKX fee rate is about -0.003%, with perpetual positions of about 594,000 coins.
The sell wall is still there, and shorts are being paid to hold—this is a deleveraging rebound, not a short squeeze capitulation.
If the sell wall isn’t dismantled, green candles are ineffective.
#ETH盘口 #perpetual funding rate