The biggest risk to watch in the market today isn’t $BTC remaining oversold, but open interest rising as $ETH falls. Before 9 a.m., ETH was around $2,582, down 4.14% over 24 hours, while open interest rose 3.57% and the funding rate was about -0.0027%. The price remains below the 4-hour EMA20 at around $2,642, with the 4-hour RSI at about 18.9.
Falling prices, rising open interest, and negative funding indicate that new shorts and dip-buying longs are still taking opposing positions near the lows. Being oversold alone is not a reversal signal. BTC was around $83,421, moving sideways after hitting an overnight low of $82,706, with open interest up just 0.16%. $BNB was around $776, with open interest down 1.97%; its recovery is driven more by short covering after deleveraging.
Keep ETH in focus today: reclaiming $2,590–$2,600 would mark an attempt to stabilize; only a sustained move above $2,642 would signal structural recovery. If it breaks below $2,563, watch $2,535. If BTC fails to hold $82,700, market risk could rise again. #ETH #大盘判断 #RiskWatch
Falling prices, rising open interest, and negative funding indicate that new shorts and dip-buying longs are still taking opposing positions near the lows. Being oversold alone is not a reversal signal. BTC was around $83,421, moving sideways after hitting an overnight low of $82,706, with open interest up just 0.16%. $BNB was around $776, with open interest down 1.97%; its recovery is driven more by short covering after deleveraging.
Keep ETH in focus today: reclaiming $2,590–$2,600 would mark an attempt to stabilize; only a sustained move above $2,642 would signal structural recovery. If it breaks below $2,563, watch $2,535. If BTC fails to hold $82,700, market risk could rise again. #ETH #大盘判断 #RiskWatch