🔹 On the $ETH side:
– Serious buying in the futures market (CVD turned positive from -862K)
– Spot buyers are also supporting (Spot CVD is recovering)
– OI (Open Interest) at a new high: 1.817M
– Funding rate is positive but reasonable → Longs dominate but are healthy
– Bid/Ask Delta is high → Buying pressure in the order book
Meaning: price increase + buyer support + new position entry = solid rally 👌
🔸 On the $BTC side:
– Spot CVD is still negative: -18K
– Futures CVD shows weak increase
– Funding is positive but low
– OI is decreasing (positions are being closed)
– Bid/Ask Delta remained low
Meaning: the rise in #BTC is driven by futures, and since spot is not supporting, the sustainability may be weak.
#ETH is in a clear bullish mode. BTC is more cautious, and if it doesn't find support, the possibility of a pullback is on the table.
"Mini Rail" may start in a leading role for ETH. BTC's participation will determine the depth of this movement.
Disclaimer
This content is not investment advice and only reflects personal analysis and opinions. Crypto assets carry high risks; there is no guarantee of specific returns or profits. Please do your own research.