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BTC contract price $84,000,
Meaning it’s still tugging below $80k,
It’s not that no one is taking positions,
It’s that they are doing so very cautiously.
ETH falls below $2,200,
Indicating that $2,150 has become the new line of defense.
There are whales shorting ETH 25x,
And longing BTC 20x,
This shows that the divergence is not just talk.
BNB spot ETF documents are updated again,
Indicating the copycat ETF race has not stopped.
Fear of greed at 27, sentiment clearly leaning fearful.
Open interest in BTC futures is $8 billion,
Showing leverage has not yet dispersed.
Bullish sentiment at 56%, people still prefer to buy on dips.
Active buy-sell ratio is 1.45,
Short-term buy orders are hitting a ceiling.
SOL fee rate -0.0108%,
The short side is even more crowded.
Next, watch whether $80k is reclaimed,
And whether ETH’s $2,150 holds.
Whether the trend can continue,
Depends on who changes their mind first: buy orders or fee rates.