Ethereum ($ETH ) staged a short-term rebound, pushing the price to 2,563.98 USDT, close to its 24-hour high. However, it remains in the middle of its 7-day range, so the gain has done little to change the positioning structure.
The price is up 2.33% over 24 hours, with a range of 2,497.85–2,579 and a 3.2% amplitude. Spot trading volume was $537 million. The 7-day high was 2,734.55 and the low was 2,406.11; the current price is roughly 48% of the way through that range, still some distance from the previous high.
The perpetual funding rate is -0.0021% (settled every 8 hours), slightly favoring shorts paying funding. The account long/short ratio is 2.73, indicating a clear long bias among accounts, while the large-holder position long/short ratio is 1.49. The two indicators point in the same direction, but positioning is less crowded among large holders. Open interest is about 2,348,128 ETH, worth approximately $6.021 billion. Visible liquidations over 24 hours totaled about $2.59 million, a relatively small amount.
Accounts are tilted long, but the funding rate has not yet turned positive. Watch whether the price can hold above 2,579 and whether the account long/short ratio continues to rise.
#Funding Rate
The price is up 2.33% over 24 hours, with a range of 2,497.85–2,579 and a 3.2% amplitude. Spot trading volume was $537 million. The 7-day high was 2,734.55 and the low was 2,406.11; the current price is roughly 48% of the way through that range, still some distance from the previous high.
The perpetual funding rate is -0.0021% (settled every 8 hours), slightly favoring shorts paying funding. The account long/short ratio is 2.73, indicating a clear long bias among accounts, while the large-holder position long/short ratio is 1.49. The two indicators point in the same direction, but positioning is less crowded among large holders. Open interest is about 2,348,128 ETH, worth approximately $6.021 billion. Visible liquidations over 24 hours totaled about $2.59 million, a relatively small amount.
Accounts are tilted long, but the funding rate has not yet turned positive. Watch whether the price can hold above 2,579 and whether the account long/short ratio continues to rise.
#Funding Rate