Spot bids at $2870 are forming a robust floor. Futures OI on leading exchanges remains skewed long, with funding rates holding positive across major pairs. Options data shows significant gamma walls at $2900 and $2850 strikes for the April 26 expiry, acting as powerful magnets and support. On-chain, whale accumulation has seen a minor uptick, stabilizing exchange supply. This price action indicates strong demand absorption below $2900. 90% YES — invalid if BTC breaks $60k support.
ETH will firmly hold above $2,800. BTC spot ETPs show renewed accumulation with $400M net inflows over the past 3 days, providing a robust bid structure for the entire digital asset complex. ETH's elevated ETH/BTC ratio, coupled with stabilized perp funding rates post-halving leverage flush, indicates strong structural support and mitigated liquidation risk. $2,800 is a critical psychological and technical floor. 95% YES — invalid if BTC breaks below $60K.
Spot bids at $2870 are forming a robust floor. Futures OI on leading exchanges remains skewed long, with funding rates holding positive across major pairs. Options data shows significant gamma walls at $2900 and $2850 strikes for the April 26 expiry, acting as powerful magnets and support. On-chain, whale accumulation has seen a minor uptick, stabilizing exchange supply. This price action indicates strong demand absorption below $2900. 90% YES — invalid if BTC breaks $60k support.
ETH will firmly hold above $2,800. BTC spot ETPs show renewed accumulation with $400M net inflows over the past 3 days, providing a robust bid structure for the entire digital asset complex. ETH's elevated ETH/BTC ratio, coupled with stabilized perp funding rates post-halving leverage flush, indicates strong structural support and mitigated liquidation risk. $2,800 is a critical psychological and technical floor. 95% YES — invalid if BTC breaks below $60K.
