Two signals at once, same direction. Here is the breakdown.

What just happened:

- Funding rates on Deribit: flipped from strongly positive to deeply negative within hours

- Binance volume: spiked to nearly 5x the daily average

- Price action: continued lower during the volume spike

Why this matters:

Funding rate flips of this speed signal rapid short-side positioning. The market is not rotating -- it is reversing conviction. The volume spike with no price recovery is the confirmation. That is distribution, not accumulation. Sellers are using the volume to exit longs, not buyers stepping in.

Key levels traders are watching:

- Short entry zone: $0.0994 to $0.1002

- Target 1: $0.098

- Target 2: $0.0965

- Target 3: $0.094

- Stop: above $0.1018

- Major support below: $0.088 to $0.094

- Resistance above: $0.13 to $0.15

Bias: Bearish. Watching $0.094 as the next key level.

If $0.094 breaks, the next dema...