Spot prices of major coins have stabilized near the lower end of their weekly ranges, while futures open interest expanded before prices made a decisive move, suggesting short-term leverage is trying to position itself early near the bottom of the range.
According to public Binance API data, BTC is trading at $75,306 (up 0.69% in 24 hours), down 2.33% over 7 days and still near the lower end of its 7-day range of $73,870 to $80,725.
Leverage is clearly diverging: BTC open interest rose 3.88% to $7.426 billion; SOL edged down 0.39% to $86.64, while open interest climbed 5.23% against the trend to $833 million. By contrast, ETH is trading at $2,133, with open interest down 1.19% to $4.789 billion, indicating funds are leaning toward BTC and SOL.
BTC's latest 8-hour funding rate remains at the 0.01% baseline, suggesting longs are testing the waters but not chasing higher prices. Meanwhile, according to Alternative.me, the Fear and Greed Index has recovered to 32 from 26 seven days ago, indicating selling pressure has eased slightly.
Today, keep a close eye on BTC's weekly low support at $73,870, and whether SOL can break out after its 5.23% increase in open interest.
These are personal opinions and do not constitute investment advice.
$BTC $SOL
According to public Binance API data, BTC is trading at $75,306 (up 0.69% in 24 hours), down 2.33% over 7 days and still near the lower end of its 7-day range of $73,870 to $80,725.
Leverage is clearly diverging: BTC open interest rose 3.88% to $7.426 billion; SOL edged down 0.39% to $86.64, while open interest climbed 5.23% against the trend to $833 million. By contrast, ETH is trading at $2,133, with open interest down 1.19% to $4.789 billion, indicating funds are leaning toward BTC and SOL.
BTC's latest 8-hour funding rate remains at the 0.01% baseline, suggesting longs are testing the waters but not chasing higher prices. Meanwhile, according to Alternative.me, the Fear and Greed Index has recovered to 32 from 26 seven days ago, indicating selling pressure has eased slightly.
Today, keep a close eye on BTC's weekly low support at $73,870, and whether SOL can break out after its 5.23% increase in open interest.
These are personal opinions and do not constitute investment advice.
$BTC $SOL
