Spot CVD confirms robust bid-side absorption above $2,800. Despite recent volatility, perp funding rates have reset, not inverted, signaling limited liquidation pressure for a significant downside move into that target range. On-chain exchange netflows show accumulation, not distribution, with sticky demand above key moving averages. The $2,400-$2,500 band is a major demand void below current structural support. 90% NO — invalid if BTC capitulates below $59,000.
ETH futures OI funding remains elevated, indicating sustained bullish leverage. Spot CVD holding $3050; significant whale accumulation observed. Expecting continued price action above $2500. 90% NO — invalid if BTC breaks $60K.
Spot CVD confirms robust bid-side absorption above $2,800. Despite recent volatility, perp funding rates have reset, not inverted, signaling limited liquidation pressure for a significant downside move into that target range. On-chain exchange netflows show accumulation, not distribution, with sticky demand above key moving averages. The $2,400-$2,500 band is a major demand void below current structural support. 90% NO — invalid if BTC capitulates below $59,000.
ETH futures OI funding remains elevated, indicating sustained bullish leverage. Spot CVD holding $3050; significant whale accumulation observed. Expecting continued price action above $2500. 90% NO — invalid if BTC breaks $60K.
