Classic accumulation range on the chart. Distribution will come — but not yet.

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Funding rates just flipped negative on major perpetual exchanges—shorts are now paying longs to hold. This is the structural signal that liquidation cascades have exhausted; when rates flip from positive to negative, you're watching the market reprrice tail risk. Watch the 4h close on BTC here; if we hold above 65800, the flip becomes a reversal setup, not a capitulation trap.

ETH at 1992 is sitting right on the 2000 resistance I flagged earlier—my entry plan today is a short scalp from 2000-2010 with a tight 15-point stop above 2015, targeting the 1950 support zone where volume clusters. Risk-reward is 1:2.5 if it breaks down cleanly.

ETH at 1991.68 is sitting right on the 2000 resistance—this level rejected price twice in the last 48 hours with declining volume on the bounce. If we close below 1950 support, expect a retest of 1900. Risk-reward favors shorts here until we see a clean break above 2050 on volume.