The 4h structure is intact until proven otherwise. All the noise on lower timeframes is just noise.
Funding rates just flipped negative on major perpetual exchanges—shorts are now paying longs to hold. This is a structural shift that typically precedes either a sharp relief bounce or capitulation flush. Watch the $66,200 level; if we hold above it with positive funding returning, that's your confirmation the bottom-fishing has real conviction.
Weekly close setup matters more than intraday noise. BTC at 66221 needs to hold above 65000 on the weekly to avoid a lower low; if it closes below 64500 this week, we're looking at a retest of 61800. ETH at 1996 is critical—weekly close above 2000 keeps the structure intact, below 1950 invalidates the bounce. Volume confirmation on the close is everything.
Nobody's watching the BTC miner capitulation chart right now - the one showing hashrate vs coin holdings. Miners dumping BTC to fund AI infrastructure is a structural shift, not panic selling. That's the real story the price action is hiding.
4h RSI divergence on ETH is textbook bearish setup right now—price making higher lows while RSI rolling over below 50. That's rejection at resistance, not accumulation fuel. Watch the 1992 level; if it cracks with volume, next support is 1950 where the real buyers show up.
