A recap of the morning high-level bearish distribution warning from about 13 hours ago: for 3 contracts, there were temporarily 0 payouts; ETHFI and 0G are still tug-of-war, while MOVR clearly rebounded. None have broken into a one-way downtrend.
Initial observation recap: the positions/“chip” distribution is scattered.

ETHFI: tug-of-war; the bearish view in the morning has not yet been confirmed by price.
After the initial post, the price actually rose by 0.88%, but the active buy/sell order flow fell from 1.03 to 0.91, indicating that active buying momentum has slipped behind—support is getting thinner.

MOVR: rebound; the price action has clearly weakened the morning bearish judgment.
After the initial post, the price increased by 26.0%, and open interest rose in sync by 141.87%. This suggests it’s not just a low-volume bounce—new positions are being added while the price continues to push higher.

0G: tug-of-war; the price has not confirmed a one-way weakening yet.
After the initial post, the price is still up 1.13%, but open interest decreased by 6.06%, and the active buy/sell order flow dropped from 0.99 to 0.82, indicating that chase-buying strength is fading, yet the price hasn’t truly rolled over into downward movement.

In the evening, keep watching whether ETHFI and 0G can show a price pullback when active buying is weak, and also whether MOVR’s newly added positions start to loosen.
If the price keeps climbing and open interest expands again, the morning “high-level distribution” judgment will need to be re-evaluated; only when price weakens accompanied by continued thinning support can this pullback be considered confirmed.
#ETHFI #MOVR #0G #Contract recap

Compiled with help from Claude Fable 5. For informational reference only—please verify independently.