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Deejah Rumah
Scan the contract market around 8 o'clock first — $ETH spot is about 2679, the funding rate is slightly positive at +0.006%, and the open interest still holds at 1.48 billion. Last night it touched 2749 then slid down, now stuck below the daily open at 2690 grinding.
Daily high 2749, daily low 2652, the area near the opening price is the watershed. The long funding rate hasn't gone crazy, and OI hasn't obviously exited, so short-term focus is on whether 2700 can be retaken; if it breaks below 2
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