Spot bid is solid above $2700, with exchange netflow negative. OI steady, not overheated. This accumulation trend signals an imminent retest of resistance. We clear $2800. 90% YES — invalid if BTC dominance surges >54%.
Spot bid depth for ETH holds firmly above the 3k handle, with substantial whale aggregation detected across major exchanges. On-chain metrics reveal persistent net-flow outflows from centralized platforms and a declining taker buy/sell ratio for the 2800-2900 range, indicative of strong absorption. Further, the ETH/BTC ratio is stabilizing, signaling impending capital rotation. Funding rates are normalizing, minimizing liquidation cascade risks. The macro structure supports a floor well above $2800. 95% YES — invalid if daily close below $2700 before April 25.
Spot bid is solid above $2700, with exchange netflow negative. OI steady, not overheated. This accumulation trend signals an imminent retest of resistance. We clear $2800. 90% YES — invalid if BTC dominance surges >54%.
Spot bid depth for ETH holds firmly above the 3k handle, with substantial whale aggregation detected across major exchanges. On-chain metrics reveal persistent net-flow outflows from centralized platforms and a declining taker buy/sell ratio for the 2800-2900 range, indicative of strong absorption. Further, the ETH/BTC ratio is stabilizing, signaling impending capital rotation. Funding rates are normalizing, minimizing liquidation cascade risks. The macro structure supports a floor well above $2800. 95% YES — invalid if daily close below $2700 before April 25.
