ETH's 7-day realized volatility remains compressed, signaling an imminent directional move. On-chain data shows a sustained decrease in exchange balances, now below 14.8M ETH, indicating strong spot accumulation. Futures open interest is rebuilding healthily post-funding flush, with perp funding rates showing a bullish tilt. The $2050 overhead resistance is critical; a decisive breach unleashes momentum toward the $2200 fib extension. 85% YES — invalid if BTC fails to hold $62k.
ETH's 7-day realized volatility remains compressed, signaling an imminent directional move. On-chain data shows a sustained decrease in exchange balances, now below 14.8M ETH, indicating strong spot accumulation. Futures open interest is rebuilding healthily post-funding flush, with perp funding rates showing a bullish tilt. The $2050 overhead resistance is critical; a decisive breach unleashes momentum toward the $2200 fib extension. 85% YES — invalid if BTC fails to hold $62k.
