ETH perpetual funding rates have recently flipped negative, signaling a bearish divergence from spot. Significant resistance established at the $2000-2050 liquidity zone, with thinning order book depth below $1920. Derivatives market open interest analysis shows cascading long liquidation levels extending to $1880, indicating a retest of the weekly demand zone is imminent. 90% YES — invalid if ETH breaks and sustains above $2010 by April 25.
ETH perpetual funding rates have recently flipped negative, signaling a bearish divergence from spot. Significant resistance established at the $2000-2050 liquidity zone, with thinning order book depth below $1920. Derivatives market open interest analysis shows cascading long liquidation levels extending to $1880, indicating a retest of the weekly demand zone is imminent. 90% YES — invalid if ETH breaks and sustains above $2010 by April 25.
