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$ETH funding is still running hot at 0.016, which tells me the market is leaning heavily to the long side.
The interesting part? Price hasn’t really backed up that confidence yet.
ETH is still struggling below the $2,419 resistance zone & trend strength remains far from convincing. That kind of disconnect between positioning and price action rarely lasts for long.
Right now, traders are paying to stay bullish but the chart hasn't fully agreed. If this level keeps rejecting, crowded longs could quickly become fuel for volatility.
The market is getting optimistic. The structure is still asking questions.
Via @coinexcreators
#CoinExCreator