Tonight’s ETH price action is more worth watching than BTC’s:



📊 Data comparison
The funding rate is -0.00097%, which is more bearish than BTC (-0.00012%); but large traders’ long position ratio is 53.8%, and the Taker buy ratio is 1.17, indicating that the main force is quietly accumulating.

🔍 Key signals
Large traders going long while the funding rate is negative—this is a typical “main force accumulating + retail panic” pairing. Historical experience shows that this kind of divergence often appears near the bottom area.

📐 Technical analysis
The current price is $2,334, up 0.94% over the past 24 hours, hitting resistance near $2,337. Support below is at $2,300, while resistance overhead is $2,350-$2,400. Volatility is higher than BTC, making it better suited for short-term trading.

💡 Trading framework
ETH is in a “pessimistic sentiment, capital building” stage. For the medium to long term, you can consider phased entries. Note: if it breaks below $2,300 and open interest (OI) surges, be alert to the risk of accelerated downside. $BTC $GT
BTC0.98%
GT0.4%
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