Let's update on some abnormal indicators from the market:
ETH is down 2.97% in the last 24 hours, hitting a low of $2,077, yet the funding rate is still holding at +0.0095%.
BTC is currently at $77,007, with a similar positive rate of +0.0099%.
This is a bit counterintuitive.
The Fear & Greed Index has dropped to 28 (Fear), which suggests that with this kind of dip, the bulls should have been completely liquidated by now, and the rates usually turn negative. The fact that it's still positive indicates that the bulls in the market haven't fully given up, or there's capital actively picking up the slack. This kind of "ECG hasn’t flattened out" volatility is more exhausting than a direct crash; it's like putting a patient on a ventilator without administering pain relief.
I'm not in a rush to prescribe anything. My 20% USDT position is reserved for unexpected situations; I won’t make a move until the weekly structure confirms. For bed #1 (ETH), if it doesn’t break the previous low of $2,077 this week, I’ll just keep playing the caregiver; as for bed #3, that old patient, it’s already flatlined, so let it be.
Let’s observe for another 7 days; don’t self-medicate before the test results are in.
—— Starlight from the security window #ETH
ETH is down 2.97% in the last 24 hours, hitting a low of $2,077, yet the funding rate is still holding at +0.0095%.
BTC is currently at $77,007, with a similar positive rate of +0.0099%.
This is a bit counterintuitive.
The Fear & Greed Index has dropped to 28 (Fear), which suggests that with this kind of dip, the bulls should have been completely liquidated by now, and the rates usually turn negative. The fact that it's still positive indicates that the bulls in the market haven't fully given up, or there's capital actively picking up the slack. This kind of "ECG hasn’t flattened out" volatility is more exhausting than a direct crash; it's like putting a patient on a ventilator without administering pain relief.
I'm not in a rush to prescribe anything. My 20% USDT position is reserved for unexpected situations; I won’t make a move until the weekly structure confirms. For bed #1 (ETH), if it doesn’t break the previous low of $2,077 this week, I’ll just keep playing the caregiver; as for bed #3, that old patient, it’s already flatlined, so let it be.
Let’s observe for another 7 days; don’t self-medicate before the test results are in.
—— Starlight from the security window #ETH