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Published 7 Oct 2026, 11:41 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 7 Oct 2026, 07:44 UTC · context given to the AI
$ETH Crazy amount of Open interest piling in after the move. Funding turned negative but spot selling also pretty rampant at the same time. Mixture of longs longing the dip and shorts piling onto the downside momentum. Price unchanged for the past few hours so one side is bound to get squeezed again soon on this. $ETH did break down from its 2-3 week range with this move, so bears are in control until it starts retaking some levels. Going to be a volatile rest of the week.$ETH New local lows, open interest keeps rising, barely any liquidations on this last wick. Don't think this is done yet. Seems to be heavy spot selling involved as well. https://t.co/YUEhktycfc https://t.co/CuPI4fvHY3View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 2535.29 / 2577.39 − 1 = -1.6%d × r = +1.6% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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