Ethereum has formed a higher low above $3,600 – a typically bullish signal. But on Bin@nce, Open Interest has dropped to a lower low, creating a divergence with the spot price.
This suggests traders are closing leverage or reducing risk, likely bracing for volatility.
Funding Rates have also cooled to near-neutral, suggesting that speculative momentum is fading, often a precursor to a healthier rally if support holds and leverage is cleared.
This suggests traders are closing leverage or reducing risk, likely bracing for volatility.
Funding Rates have also cooled to near-neutral, suggesting that speculative momentum is fading, often a precursor to a healthier rally if support holds and leverage is cleared.
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